FMEA is a structured approach to identifying potential failure modes, their effects, and prioritizing mitigation strategies to improve reliability.
ISO 27001 is an international standard that provides guidelines for managing information security risks and ensuring system reliability.
Regular audits and documentation ensure organizations comply with regulations, reducing risks and maintaining operational reliability.
Risk Priority Number (RPN) is used in risk assessment to evaluate the likelihood, severity, and detectability of failures in a system.
Risk management aims to identify, assess, and mitigate risks that could impact system reliability and operational performance.
A risk assessment matrix helps prioritize risks based on severity and likelihood, ensuring effective mitigation strategies in compliance programs.