Definition
Failure Modes and Effects Analysis is used to evaluate all possible ways in which a product/process may fail and to assess their effect down stream. It is used primarily as a tool to prioritize improvement actions based on the scores assigned for the severity, occurrence and detection likelihood associated with each failure mode. A Risk Priority Number (RPN) is obtained by taking the product of these scores and the failure mode with the highest RPN is considered the highest priority for improvement.
Examples
See Also
MoreSteam Toolbox on FMEA: http://www.moresteam.com/toolbox/fmea.cfm