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
More content
Connectedness for synergy in smart Enterprise Asset Management
Business and technology leaders are bombarded with information about the elements of Industry 4.0. Yet…
Managing change
Traditional attempts of using “carrots” and “sticks” to manage change are no longer sufficient.
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)…
Condition Based Maintenance
Investigating the monitoring of critical assets to minimise functional failure, downtime and the cost of…
On Key and the Gartner Magic Quadrant
Gartner is a global research and advisory firm providing information, advice, and tools for business…
Managing Linear Assets
Asset owners in industries like oil and gas, roads and utilities have unique asset management…
Personal Mobile Technology in Asset Management
Where personal mobile technology can improve cost management, reduce risk or increase asset performance. What…
Asset risk management
Industry leaders are 25% more likely than their competitors to have a standardised risk assessment…
Accurate asset register
The asset register is the repository for the asset data and provides the structure within…