FMEA to prioritize risks

Risk Management

Eliani Ramos Vice President| PMI-SC Joinville, Sc, Brazil

During qualitative risk analysis, do you use FMEA to rank the risks, based on 3 criterias: Impact x Probability x Detection?

Posted: Oct 30, 2015 7:57 AM

PANKAJ KUMAR JOSHI General Manager| Transrail Lighting Limited Nainital, Uttrakhand, India

We do risk assessment by multiplying its probability and cost impact to accept or transfer this risk.

Posted: Oct 30, 2015 11:46 AM

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