Conveying FMEA Results

Conveying FMEA Results
Abstract
Carl (accendoreliabi...) and Fred (accendoreliabil...) discuss an interesting listener question. The listener’s management asked him to create an “eye-popping” chart that summarizes the results on an FMEA.
Key Points
Join Carl and Fred as they discuss how best to share the results of an FMEA with management or engineering. The emphasis is on visually conveying the information, clearly showing the highest risk issues.
Topics include:

• Option 1: summarize FMEA based on value, such as cost savings

• Option 2: summarize the high-risk issues on a risk matrix. See Show Notes.

• Option 3: one page for each high-risk failure mode, with status of resolution

• Risk management typically characterizes risk on two axis plot: severity, likelihood

• Consider animation to show status of resolution of how high-risk issues

• In order to identify savings from FMEA, you either have to wait for field results or perform reliablity prediction

• Remember to focus on your audience

• Quantify your potential savings, if you can

• Consider plotting results on SO Matrix and include cost savings (be sure to document your assumptions)

• Management always wants to know the return on investment

Enjoy an episode of Speaking of Reliability. Where you can join friends as they discuss reliability topics. Join us as we discuss topics ranging from design for reliability techniques to field data analysis approaches.
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Show Notes
Here is an example of plotting the results of fictitious Brake Cable Design FMEA on an SO Matrix.
SxOMatrix (s3-us-west-1.a...)
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