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| Criterion |  Operations Failure Mode and Effects Analysis |  Operations ABC Analysis |  Operations Kepner-Tregoe |  Decision Making Risk Matrix |
|---|---|---|---|---|
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. | For a disturbance that's hard to pin down, the method cleanly separates problem, cause, and decision. It reduces mixing when symptoms allow several interpretations. | When a project faces many possible disruptions, it quickly becomes unclear which risks deserve attention first. It separates options, evaluation criteria, and open risks. The result is captured as a Risk Matrix and a Top Risk List. |
Complexitydifferent | High | Low | High | Low |
Timedifferent | 2-6 h | 30-60 min | 2-8 h | 30-60 min |
Participantsdifferent | 3-10 | 1-5 | 2-8 | 3-10 |
Formatdifferent | Workshop | Async | Workshop + async | Workshop + async |
Outputdifferent | FMEA Table, Risk Priority, Mitigation Actions | ABC Classification, Focus Rules, Control List | Problem Analysis, Decision Analysis, Risk Plan | Risk Matrix, Top Risk List |
Tagsno overlap | RiskQualityOperationsRoot cause | PrioritizationOperationsPortfolio | Problem solvingRoot causeDecisionOperations | RiskDecisionPrioritizationAssessment |