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| Criterion | ![]() Operations Failure Mode and Effects Analysis | ![]() Operations ABC Analysis |
|---|---|---|
Purposedifferent | For a process, product, or service with noticeable failure risks, the method assesses possible failure modes in advance. It directs attention to combinations of occurrence, effect, and detectability. | With many similar objects of differing economic significance, the method prioritizes effort by effect. It separates what needs regular steering from what rarely needs attention. |
Complexitydifferent | High | Low |
Timedifferent | 2-6 h | 30-60 min |
Participantsdifferent | 3-10 | 1-5 |
Formatdifferent | Workshop | Async |
Outputdifferent | FMEA Table, Risk Priority, Mitigation Actions | ABC Classification, Focus Rules, Control List |
Tags1 shared | RiskQualityOperationsRoot cause | PrioritizationOperationsPortfolio |
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