By Nancy Regan
For every action taken to maintain a piece of equipment, a Failure Mode – or cause of failure – is managed. That is why a Failure Modes and Effects Analysis (FMEA) is an essential part of physical asset management. When done properly, an FMEA helps organizations: 1) Define equipment goals, 2) Identify what could cause Reliability to suffer, and 3) Assign criticality. Join Nancy as she shares how to avoid common FMEA pitfalls, and how to use a properly executed FMEA to make effective maintenance decisions.