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Defects are expensive for companies. Customers are disappointed when they have great expectations on a product or service and then discover that the quality just isn't there. These defects are generally detected though predictive modeling that occurs much later in the development process. This explains why they're so expensive for companies to deal with. A way to avoid this problem is by avoiding defects altogether. This is where FMEA comes into play.

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FMEA is a tool that's both systematic and qualitative. This tool is generally created with a spreadsheet and allows those using it anticipate what could possibly go wrong with a process or product. This tool is so useful because it helps users find both the possible causes of failures and the potential of failures being detected before they happen, as well as how a process or product might fail.

Finding failure modes is a disciplined process and the first step requires choosing participants with the correct type of experience. If a particular process is being worked on, choosing the process owner or designer should be a given