: A modern alternative that ranks risks as High, Medium, or Low based on specific combinations of scores, often favored over RPN for more nuanced decision-making.
: What the component or step is intended to do. Failure Modes and Effects Analysis (FMEA)
: The underlying reason for the failure (e.g., incorrect algorithm, material weakness). : A modern alternative that ranks risks as
: The likelihood that current controls will catch the failure before it reaching the customer. Prioritization Engine : Risk Priority Number (RPN) : Automatically calculated as to provide a preliminary priority list. Failure Modes and Effects Analysis (FMEA)