This white paper aims to provide a comprehensive overview of two widely used methods in the field of risk analysis and management: Failure Modes, Effects, and Criticality Analysis (FMECA) and Failure Mode and Effects Analysis (FMEA) preceded by a criticality analysis, which we shall call C-FMEA.
Deciphering risk management: A comparative study of FMECA and C-FMEA methodologies
January 31, 2024
More content
Managing Linear Assets
Asset owners in industries like oil and gas, roads and utilities have unique asset management…
Successfully implementing and managing a focused improvement programme
The Focused Improvement process is found in many asset-intensive companies. For the purpose of consistency…
ISO 55000 compliant
This white paper investigates the claim made by suppliers of Enterprise Asset Management Systems (EAMS)…
Managing change
Traditional attempts of using “carrots” and “sticks” to manage change are no longer sufficient.
On Key and the Gartner Magic Quadrant
Gartner is a global research and advisory firm providing information, advice, and tools for business…
Condition Based Maintenance
Investigating the monitoring of critical assets to minimise functional failure, downtime and the cost of…
Spare Parts Management
To effectively minimise the downtime of assets, the right spares must be in stock when…
Asset risk management
Industry leaders are 25% more likely than their competitors to have a standardised risk assessment…
Connectedness for synergy in smart Enterprise Asset Management
Business and technology leaders are bombarded with information about the elements of Industry 4.0. Yet…
Accurate asset register
The asset register is the repository for the asset data and provides the structure within…
