Failure Modes and Effects Analysis (FMEA) is a tool that can assist in identifying where your areas of risk lie and helps structure solutions.
By using a table list, key steps in your process i.e. either a project or at the highest level, the core functions of your business. Against each of these steps note what the particular failures might be. Then give each a 1-10 score, 10 being worst for each failure representing its severity i.e. cost, impact on the customer etc. Then score 1-10...





