Unveil the hidden flaws of FMEA and risk matrices that could be skewing your analysis and decision-making.
In the realm of risk assessment and management, traditional tools like Failure Mode and Effects Analysis (FMEA) and risk matrices have been widely accepted as the norm. However, beneath the surface of these established methods lie hidden flaws that can significantly impact the effectiveness of risk analysis and decision-making processes. The latest podcast episode takes a deep dive into these issues, offering listeners an exploration of the challenges posed by conventional risk assessment techniques.
We take our conversation a step further, emphasizing not just the identification of such critiques but the vital role understanding them plays in fortifying our decision-making frameworks.
The episode emphasizes the importance of staying informed and adapting to new methods in the ever-evolving landscape of risk management. By doing so, professionals can ensure that they are not only equipped to handle current challenges but also prepared to meet the demands of the future.
And for those of you eager to translate this newfound knowledge into practice, we spotlight an exceptional resource: "FMEA in Practice from plan to risk-based decision making," an Udemy course that promises to elevate your risk-based decision-making abilities.
Visit the podcast blog for a list of resources and more links.
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About me
Dianna Deeney helps product designers work with their cross-functional team to reduce concept design time and increase product success, using quality and reliability methods.
She consults with businesses to incorporate quality within their product development processes. She also coaches individuals in using Quality during Design for their projects.
She founded Quality during Design through her company Deeney Enterprises, LLC. Her vision is a world of products that are easy to use, dependable, and safe – possible by using Quality during Design engineering and product development.