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
Asset risk management
Industry leaders are 25% more likely than their competitors to have a standardised risk assessment…
On Key and the Gartner Magic Quadrant
Gartner is a global research and advisory firm providing information, advice, and tools for business…
Personal Mobile Technology in Asset Management
Where personal mobile technology can improve cost management, reduce risk or increase asset performance. What…
Connectedness for synergy in smart Enterprise Asset Management
Business and technology leaders are bombarded with information about the elements of Industry 4.0. Yet…
From Machines to Services: Building a Digital Backbone for OEM Service Excellence
OEMs strive to scale their service offerings, but many encounter a fundamental barrier: fragmented data…
Spare Parts Management
To effectively minimise the downtime of assets, the right spares must be in stock when…
ISO 55000 an oxymoron
Now that asset management has an international standard, it will receive the deserved status as…
Successfully implementing and managing a focused improvement programme
The Focused Improvement process is found in many asset-intensive companies. For the purpose of consistency…
Managing Linear Assets
Asset owners in industries like oil and gas, roads and utilities have unique asset management…
ISO 55000 compliant
This white paper investigates the claim made by suppliers of Enterprise Asset Management Systems (EAMS)…
