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In this video, we are going to start learning of one of the best tools used for risk analysis throughout the life cycle of Product, Process and Service. It is FMEA (Failure Mode and Effects Analysis). As it is a very important tool, I have divided learning of this tool in 02 parts-1st part is about “History, Introduction and Need of FMEA” and 2nd part will be about “Use of FMEA with practical example and all terms related to this tool.” This is a 1st part of the video. This part will give you clear understanding about FMEA history, it’s development, types of FMEA, why to perform FMEA and when we should use this technique. Historically, the sooner a failure is discovered, the less it will cost. If a failure is discovered late in product development or launch, the impact is exponentially more devastating. In addition to my knowledge & experience, I have taken references from “ASQ (American Society for Quality)”, “Quality-one Website” and “International Datalyzer website”. I am sure you will like it.
