Failure management encompasses a comprehensive set of practices aimed at addressing and mitigating issues or faults in systems, products, or processes. It begins with the detection of failures, whether through sensors, monitoring systems, or human observation, followed by a diagnostic phase to understand the underlying causes. Once identified, strategies are deployed to reduce the impact of the failure, which can involve immediate fixes or the implementation of redundancy measures. Furthermore, failure management emphasizes learning from failures to prevent their recurrence through improvements in design, processes, or training. Proper documentation and risk assessment play vital roles in this process, ensuring that organizations can effectively respond to and learn from failures to enhance reliability and safety.
Failure management involves the systematic identification and diagnosis of faults or issues in systems.

It is followed by the implementation of effective mitigation strategies to minimize their impact.

Proper documentation and risk assessment are integral components of failure management, aiding in the development of strategies to prevent future failures and maintain the integrity of systems and processes.
by GOLDENPRO1089YT October 5, 2023
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A company designed for managing the amount of failure in the world there is. Invented by Steven He in 2020.
Steven He: Do you know where the failure management is?
Me: No? Why?
Steven He: Because I want to tell them my son is a FAILURE!
Steven He's son: Dad I'm right here
by A very weird person January 5, 2023
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