In today’s fast-paced business environment, staying ahead of potential problems is crucial for success. Enter Failure Mode and Effects Analysis (FMEA) - a powerful tool that’s been quietly revolutionizing how companies approach risk management and quality control.
Without risk, there is no innovation. It is good for organizations to have a healthy risk appetite, but it should never be at the compromise of safety and mismanagement.
Risk management plays a crucial role in software engineering (SE) by identifying, assessing, and mitigating potential risks throughout the software development lifecycle.