Which of the following is NOT one of the 12 Basic Steps of FMECA?

The process of FMECA (Failure Mode, Effects, and Criticality Analysis) is a systematic method used to identify and evaluate potential failure modes within a system and the effects those failures may have. In the context of the Basic Steps of FMECA, each step plays a crucial role in ensuring a thorough analysis.

Focusing on the steps of FMECA, options such as brainstorming potential failure modes, identifying the system, and defining potential causes of failure are fundamental components of this methodology. These steps are crucial for creating a comprehensive picture of what could go wrong, understanding the system boundaries, and analyzing how various components could fail, which directly allows for risk assessment and prioritization.

Assigning financial impacts to failures, while it might be an important aspect of the overall risk management process, is not one of the core steps specified in the standard FMECA approach. Instead, FMECA typically emphasizes understanding and categorizing failures based on their severity and likelihood, rather than focusing on their financial implications at the outset. This distinction underscores why assigning financial impacts to failures is not included as a basic step within the FMECA framework.