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Risk Management using Failure Mode and Effect Analysis Vs Fault Tree Analysis Both Failure Mode and Effects Analysis (FMEA) and Fault Tree Analysis are used to identify potential risks in the [...]

Risk Management: Risk management is defined as a process of identification, evaluation and effective management of risks associated with a process or a product. Appropriate risk management [...]

Risk is inherent to all aspects of our lives. Whether we are walking on the road or eating out at a restaurant, we are surrounded by risks. Projects have a number of associated risks as well and [...]