{"id":2131,"date":"2013-11-15T10:34:28","date_gmt":"2013-11-15T14:34:28","guid":{"rendered":"http:\/\/www.oxebridge.com\/emma\/?p=2131"},"modified":"2013-11-15T10:36:52","modified_gmt":"2013-11-15T14:36:52","slug":"is-this-the-best-article-on-risk-analysis-ever-written","status":"publish","type":"post","link":"https:\/\/www.oxebridge.com\/emma\/is-this-the-best-article-on-risk-analysis-ever-written\/","title":{"rendered":"Is This the Best Article on Risk Analysis Ever Written?"},"content":{"rendered":"<p>Could be. It&#8217;s from <a href=\"http:\/\/www.qualitydigest.com\/inside\/quality-insider-article\/problems-risk-priority-numbers.html#\" target=\"_blank\">Quality Digest&#8217;s June 2011 release,<\/a> but it remains a solid critique of current risk analysis methods, such as FMEA, which rely on arbitrary guesswork and bad math to make critical decisions. As I&#8217;ve said before, by applying numbers to guesses, we disguise the subjective nature of FMEA and confuse it with science. It isn&#8217;t.<\/p>\n<p>In fact, we discover, it&#8217;s not even proper four-function math. S<span style=\"font-size: 1em; line-height: 1.5em;\">ays author Donald J. Wheeler:<\/span><\/p>\n<blockquote><p>\u00a0The problem with FMEA is not the subjective ordering of the three different aspects of a problem. It is not even a problem to have more levels than adjectives. The problem is with the risk priority numbers and their use to create a ranking between the problems.<\/p><\/blockquote>\n<p>You can read the entire article <a href=\"http:\/\/www.qualitydigest.com\/inside\/quality-insider-article\/problems-risk-priority-numbers.html#\" target=\"_blank\">here<\/a>.<\/p>\n<p>With a near-disastrous attempt at incorporating risk management in the upcoming ISO 9001:2015 standard, we can expect lots of consultants pushing FMEA and other risk tools on a suspecting public, not educated in statistics. Like the training matrix, document master lists, Turtle Diagrams, process maps and 5-Why root cause analysis, FMEA stands to become a <em>de facto<\/em> requirement when dumb Certification Body auditors force it on clients, insisting it&#8217;s the only way to do risk assessments. (This is already the case with AS9100, which has had a risk management clause included since 2009.)<\/p>\n<p><span style=\"font-size: 1em; line-height: 1.5em;\">FMEA works for some aspects, and can be tooled to work better by following Dr. Wheeler&#8217;s advice. But it still won&#8217;t work in every situation requiring risk analysis.<\/span><\/p>","protected":false},"excerpt":{"rendered":"<p>Could be. It&#8217;s from Quality Digest&#8217;s June 2011 release, but it remains a solid critique of current risk analysis methods, such as FMEA, which rely on arbitrary guesswork and bad math to make critical decisions. As I&#8217;ve said before, by applying numbers to guesses, we disguise the subjective nature of FMEA and confuse it with [&hellip;]<\/p>","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":"","mc4wp_mailchimp_campaign":[],"footnotes":""},"categories":[5],"tags":[149,14,116,147,148],"class_list":["post-2131","post","type-post","status-publish","format-standard","hentry","category-opinion","tag-fmea","tag-iso-9001","tag-iso-90012015","tag-risk","tag-risk-management","et-doesnt-have-format-content","et_post_format-et-post-format-standard"],"_links":{"self":[{"href":"https:\/\/www.oxebridge.com\/emma\/wp-json\/wp\/v2\/posts\/2131","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.oxebridge.com\/emma\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.oxebridge.com\/emma\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.oxebridge.com\/emma\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.oxebridge.com\/emma\/wp-json\/wp\/v2\/comments?post=2131"}],"version-history":[{"count":4,"href":"https:\/\/www.oxebridge.com\/emma\/wp-json\/wp\/v2\/posts\/2131\/revisions"}],"predecessor-version":[{"id":2135,"href":"https:\/\/www.oxebridge.com\/emma\/wp-json\/wp\/v2\/posts\/2131\/revisions\/2135"}],"wp:attachment":[{"href":"https:\/\/www.oxebridge.com\/emma\/wp-json\/wp\/v2\/media?parent=2131"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.oxebridge.com\/emma\/wp-json\/wp\/v2\/categories?post=2131"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.oxebridge.com\/emma\/wp-json\/wp\/v2\/tags?post=2131"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}