Failure Mode and Effects Analysis (FMEA)
Definition - What does Failure Mode and Effects Analysis (FMEA) mean?
Techopedia explains Failure Mode and Effects Analysis (FMEA)
Failure mode and effects analysis is generally an engineering tool. Through deductive analysis, it helps experts looking at IT systems to figure out the different kinds of risk and liability, as well as how failure would most likely occur. These kinds of high-level planning help to safeguard investments in IT and provide project backers with more assurance of quality testing and high-level engineering review.