Description
Unlike many foundation course, this course quickly deep dives to a Risk Management Tool used by NASA called Failure Modes & Effects Analysis (FMEA) and shows how best to apply it to specific business problems and opportunities within their organization.By the end of the course, you will be able to apply the FMEA to any specific situation of your process or business and effectively eliminate/reduce associates risks by carrying out the following steps:
- Proactively identify all potential issues across the business
- Analyze impact of the each issue, its occurrence & existing control mechanisms
- Prioritize risk that need immediate action
- Systematically plan response/mitigation plan
- Implement and reassess
- Monitoring and control risks ongoing basis
What are the requirements?
- There are no-requisites. This course is comprehensive and designed to bring up you to pace from ground zero