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- Category: risk management
- Category: business
- Failure Mode and Effects Analysis (FMEA)
Failure Mode and Effects Analysis (FMEA)
Failure Mode and Effects Analysis (FMEA) is a risk management tool used to identify potential risks and prioritize them based on their severity and likelihood of occurrence.
At a very high level, the Failure Mode and Effects Analysis (FMEA) is used in the context of business, risk management.
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- Inventory Management Matrix
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- ITIL Service Capability Matrix
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- Job Analysis Matrix
- Kano Model Matrix
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- Keyword Research Matrix
- Knowledge Management Capability Matrix
- Knowledge Management Capability-Performance Alignment Matrix
- Knowledge Management Capability-Value Alignment Matrix
- Knowledge Management Capability-Value Proposition-Value Chain Alignment Matrix
- Knowledge Management Matrix
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- Knowledge Management Maturity-Performance Matrix
- Knowledge Management Performance-Value Matrix
- Knowledge-Skill Matrix
- Kraljic Matrix
- Ladder of Inference Matrix
- Lead Generation Matrix
- Leadership Capability-Value Matrix
- Leadership Competency Matrix
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- Leadership Development-Value Matrix
- Leadership Development-Value Stream Alignment Matrix
- Leadership Performance-Value Alignment Matrix
- Leadership-Value Matrix
- Lean Matrix
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- Lean Process Improvement Capability-Value Proposition Alignment Matrix
- Lean Process Improvement Matrix
- Lean Process Improvement-Performance Matrix
- Lean Process Matrix
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- Lean Six Sigma Capability-Value Matrix
- Life Cycle Cost Analysis Matrix
- Logistics Performance-Value Matrix
- Maintenance Maturity Matrix
- Market Analysis Matrix
- Market Analysis-Performance Alignment Matrix
- Market Analysis-Performance Matrix
- Market Analysis-Size Matrix
- Market Analysis-Value Matrix
- Market Analysis-Value Proposition Alignment Matrix
- Market Attractiveness-Competitive Positioning Matrix
- Market Attractiveness-Competitive Strength Matrix
- Market Attractiveness-Value Matrix
- Market Development Matrix
- Market Development-Growth Matrix
- Market Development-Size Matrix
- Market Environment-Competitive Intensity Matrix
- Market Environment-Market Growth Matrix
- Market Environment-Market Share Matrix
- Market Environment-Market Size Matrix
- Market Environment-Size Matrix
- Market Growth Matrix
- Market Growth-Competitive Positioning Matrix
- Market Opportunity Matrix
- Market Opportunity-Performance Matrix
- Market Opportunity-Size Matrix
- Market Penetration-Performance Matrix
- Market Penetration-Size Matrix
- Market Positioning Matrix
- Market Research Matrix
- Market Segmentation-Performance Alignment Matrix
- Market Segmentation-Performance Matrix
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- Market Share-Growth Matrix
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- Marketing Analytics Matrix
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- Marketing Mix-Performance Matrix
- Marketing Mix-Value Matrix
- Marketing Performance Matrix
- Marketing Plan Matrix
- Marketing Research Matrix
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- Materiality Assessment Matrix
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- Maturity Level-Performance Matrix
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- Maturity Level-Value Stream Alignment Matrix
- Maturity Model Matrix
- Maturity-Value Matrix
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- McKinsey Organizational Health Index
- Media Planning Matrix
- Mergers and Acquisitions Matrix
- Messaging-Media Matrix
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- Mobile Marketing Matrix
- Multi-Criteria Decision Analysis Matrix
- Multichannel Attribution Matrix
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- Net Present Value Matrix
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- Net Promoter Score-Insight Matrix
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- Net Promoter Score-Performance Matrix
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- Net Revenue Matrix
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- Online Reputation Management Matrix
- Open Innovation Matrix
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- Organizational Culture Assessment Matrix
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- Organizational Design-Performance Matrix
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- Organizational Design-Value Stream Alignment Matrix
- Organizational Development Maturity Matrix
- Organizational Effectiveness-Value Alignment Matrix
- Organizational Effectiveness-Value Matrix
- Organizational Effectiveness-Value Proposition-Value Chain Alignment Matrix
- Organizational Effectiveness-Value Proposition-Value Stream-Value Chain Alignment Matrix
- Organizational Effectiveness-Value Stream Alignment Matrix
- Organizational Health Assessment Matrix
- Organizational Health Matrix
- Organizational Performance Matrix
- Organizational Performance-Effectiveness Matrix
- Organizational Performance-Value Matrix
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- Organizational Resilience Matrix
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- Organizational Resilience-Value Matrix
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- Organizational Risk-Opportunity Matrix
- Organizational Structure-Value Matrix
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- Outsourcing Risk-Value Matrix
- Paid Search-Competitive Positioning Matrix
- Partner Selection Matrix
- Partnership Marketing Matrix
- People Capability Maturity Matrix
- Perception-Positioning Matrix
- Performance and Potential Matrix
- Performance Appraisal Matrix
- Performance Feedback Matrix
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- Performance Management-Value Chain Alignment Matrix
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- Performance Management-Value Stream Alignment Matrix
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- Performance-Value Matrix
- Performance-Value-Complexity Matrix
- Personality Assessment-Value Matrix
- Personalization Matrix
- PESTLE Analysis Template
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- Porter's Five Forces Framework
- Portfolio Analysis Matrix
- Portfolio Analysis-Evaluation Matrix
- Portfolio Analysis-Performance Alignment Matrix
- Portfolio Analysis-Value Alignment Matrix
- Portfolio Assessment-Performance Alignment Matrix
- Portfolio Optimization-Value Alignment Matrix
- Portfolio Optimization-Value Stream Alignment Matrix
- Portfolio Performance-Value Matrix
- Positioning Matrix
- Process Capability Assessment-Value Alignment Matrix
- Process Capability Matrix
- Process Capability-Performance Matrix
- Process Capability-Value Alignment Matrix
- Process Improvement Matrix
- Process Improvement Maturity Matrix
- Process Improvement-Performance Alignment Matrix
- Process Improvement-Value Alignment Matrix
- Process Improvement-Value Stream Alignment Matrix
- Procurement Capability-Value Matrix
- Procurement Maturity Matrix
- Product Adoption Matrix
- Product Costing Matrix
- Product Design Matrix
- Product Design-Development Matrix
- Product Design-Value Matrix
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- Product Development-Reward Matrix
- Product Development-Risk Matrix
- Product Development-Risk-Value Alignment Matrix
- Product Development-Value Matrix
- Product Differentiation Matrix
- Product Feature Matrix
- Product Feature-Value Alignment Matrix
- Product Feature-Value Matrix
- Product Launch-Performance Matrix
- Product Life Cycle Matrix
- Product Portfolio Matrix
- Product Positioning Matrix
- Product Roadmap Matrix
- Product Roadmap-Performance Matrix
- Product-Market Fit Matrix
- Product-Market-Technology Matrix
- Product-Service Matrix
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- Product/Market Matrix
- Productivity Improvement Matrix
- Program Management Maturity Matrix
- Project Benefit Matrix
- Project Charter Matrix
- Project Management Capability Assessment-Value Matrix
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- Project Management Capability-Value Stream Alignment Matrix
- Project Management Matrix
- Project Management Office Maturity Matrix
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- Project Prioritization Matrix
- Project Prioritization-Alignment Matrix
- Project Risk Matrix
- Project Risk-Opportunity Matrix
- Project Risk-Value Matrix
- Promotions Matrix
- Prospecting Matrix
- Public Relations Matrix
- Purchase Decision Matrix
- Quadrant Analysis
- Quality Control Matrix
- Quality Control-Performance Matrix
- Quality Function Deployment Matrix
- Quality Management Capability Assessment Matrix
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- Quality-Value Matrix
- Rational Decision-Making Matrix
- Recruitment Capability-Value Matrix
- Recruitment Maturity Matrix
- Relationship Management Matrix
- Relationship Marketing Matrix
- Relationship-Value-Complexity Matrix
- Requirements Traceability Matrix
- Resource Allocation Matrix
- Resource Allocation-Utilization Matrix
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- Risk Analysis Matrix
- Risk Assessment Matrix
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- Risk Management Matrix
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- Risk-Response Matrix
- Risk-Return Matrix
- Roadmap Matrix
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- Sales and Marketing Performance-Value Matrix
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- Sales and Marketing-Value Proposition Alignment Matrix
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- Service Delivery Capability Assessment-Value Alignment Matrix
- Service Delivery Capability Maturity Assessment-Value Matrix
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- Service Delivery Capability-Value Alignment Matrix
- Service Delivery Matrix
- Service Delivery Performance-Value Alignment Matrix
- Service Delivery Performance-Value Matrix
- Service Delivery-Value Alignment Matrix
- Service Delivery-Value Matrix
- Service Design and Delivery Capability Assessment Matrix
- Service Design and Delivery Matrix
- Service Design and Delivery-Value Alignment Matrix
- Service Design Matrix
- Service Excellence Matrix
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- Skills Management-Value Matrix
- Social Capital-Value Matrix
- Social Impact Assessment Matrix
- Social Media Analytics Matrix
- Social Media Capability Maturity Matrix
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- Social Media Listening-Value Matrix
- Social Media Marketing Matrix
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What is the Failure Mode and Effects Analysis (FMEA)?
A visual explanation is shown in the image above. The Failure Mode and Effects Analysis (FMEA) can be described as a matrix with the following quadrants:
- Potential Failure Modes: List of potential failure modes, e.g. 'Component breaks after repeated use'
- Potential Effects: List of potential effects of the failure mode, e.g. 'Product becomes unusable'
- Potential Causes: List of potential causes of the failure mode, e.g. 'Inadequate testing'
- Potential Corrective Actions: List of potential corrective actions to prevent or reduce the likelihood of the failure mode, e.g. 'Increase testing frequency'
What is the purpose of the Failure Mode and Effects Analysis (FMEA)?
Failure Mode and Effects Analysis (FMEA) is a risk management tool used to identify potential risks and prioritize them based on their severity and likelihood of occurrence. It is commonly used in product development, engineering, and manufacturing processes, but can be applied to any process or system. FMEA is a systematic approach to identifying potential risks and their impacts, and is used to plan and implement preventive measures to reduce the likelihood of failure.
The FMEA matrix is a 2x2 matrix with four quadrants. The top-left quadrant is used to list potential failure modes, the top-right quadrant is used to list the potential effects of the failure mode, the bottom-left quadrant is used to list the potential causes of the failure mode, and the bottom-right quadrant is used to list the potential corrective actions to prevent or reduce the likelihood of the failure mode.
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What templates are related to Failure Mode and Effects Analysis (FMEA)?
The following templates can also be categorized as business, risk management and are therefore related to Failure Mode and Effects Analysis (FMEA): AIDA Marketing Matrix, Affiliate Marketing Matrix, Agile Capability-Value Alignment Matrix, Agile Scaling Matrix, Ansoff Matrix, Asset Allocation Matrix, BCG Matrix, Brand Affinity Matrix. You can browse them using the menu above.
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