Failure Mode and Effects Analysis (FMEA) systematically examines a product or process for ways it could fail, the effects of each failure, and its causes. Each failure mode is scored on Severity, Occurrence, and Detection; the product is the Risk Priority Number (RPN) used to prioritize action.
FMEA is a proactive, preventive tool — it drives poka-yoke and design changes before failures reach the customer. Design FMEA (DFMEA) and Process FMEA (PFMEA) are the two common forms.