What is a FMEA (Failure Modes and Effects Analysis), and what are best practices, tools and online templates for teams and organizations?
Definition of FMEA (Failure Modes and Effects Analysis)
The FMEA (Failure Modes and Effects Analysis) is a step-by-step approach first developed by the U.S. military in the 1940s to identify possible failures in design or errors in manufacturing processes. FMEA provides a systematic, proactive method for analyzing and evaluating processes to identify how they might fail and then weigh the impact of different failures. This enables business leaders to more effectively identify parts of the process that are most in need of adjustment or change.
Description of FMEA (Failure Modes and Effects Analysis) Template
The FMEA (Failure Modes and Effects Analysis) Template provides business leaders and managers with a tool to identify and quantify the influence and importance of possible failure points within a business process or system. Possible risk areas and failure points are defined and analyzed using three criteria:
- Occurrence (frequency of specific types of failure and causes of that failure)
- Severity (impact of failure on the outcome of the project or the business overall)
- Detection (ability of key stakeholders within the business to detect failure in the process)
After filling out the FMEA Template, business leaders are better able to prioritize which failures should be addressed first and where there are opportunities to show outsized improvement and prevent further risk of failure.
Tools & Templates
The tools and resources that leaders use to make the most of the FMEA (Failure Modes and Effects Analysis) template are process documents, failure report data, and internal stakeholder interviews.
upBOARD's Online FMEA (Failure Modes and Effects Analysis) Tools & Templates
Unlike most traditional process checklists and problem solving models, upBOARD’s online FMEA (Failure Modes and Effects Analysis) tool allows any team or organization to instantly begin working with our web templates and input forms. Our digital platform goes far beyond other software tools by including progress dashboards, data integration from existing documents or other SaaS software, elegant intuitive designs, and full access on any desktop or mobile device.
Learn more about upBOARD’s portfolio of other business strategy best practice tools and templates, including:
2 X 2 Matrix, ADL Matrix, Affinity Diagrams, Baker’s 4 Strategies of Influence, Balanced Scorecard, Benchmarking, Blue Ocean Strategy, Bowman Strategy Clock, Build-Measure-Learn Feedback Loop, Business Model Canvas, CAGE Distance Framework, Competitive Analysis, Competitive Landscape Analysis, Contingency Planning, Core Competence Analysis, Critical Success Factors, Discovery Driven Planning, Economic Value Added, First Mover Advantage, Five Forces Model, Force Field Analysis, Gap Analysis, GE McKinsey 9-Box Matrix, Go To Market Strategy, Hambrick & Frederickson’s Strategy Diamond, Hedgehog Model, Hook Model of Behavioral Design, Hoshin Planning System, Kay’s Distinctive Capabilities Framework, Key Outcome Indicators, Kotler’s Five Product Levels Model, Kotler’s Pricing Strategies, Lafley & Martin’s Five Step Strategy Model, McKinsey 7S Model, McKinsey’s Seven Degrees of Freedom for Growth, Mergers & Acquisitions, Mission Statements, Mullin’s Seven Domains Model, OGSM Framework, Ohmae’s 3-C’s Model, Partner Relationship Management, PEST Analysis, PESTLE Analysis, Porter’s Diamond, Portfolio Management, Purpose Statements, Pyramid of Purpose, Scenario Planning, Simonson & Rosen’s Influence Mix, SMART Performance Metrics, SMARTER Goals, SOAR, Strategic Goals, Strategy Map, Strategy Roadmap, Strategy Uncertainty Map, SWOT Analysis, TOWS Matrix, Triple Bottom Line, USP Analysis, Value Chain Analysis, Value Disciplines Model, Value Net Model, Values Statement, Vision Statements, VRIO Analysis, and Weisbord’s Six-Box Model.