Explain a risk assessment approach used in CBM T6 (e.g., FMEA). Include the three factors evaluated and the typical output?

• A. FMEA evaluates Severity, Occurrence, and Detectability; outputs a Risk Priority Number.
• B. FMEA evaluates Likelihood, Severity, and Detection; outputs a Risk Score.
• C. FMEA evaluates Severity, Occurrence, and Detection; outputs a Risk Priority Number (RPN) with prioritization.
• D. FMEA is not used in CBM T6.

Answer: (C)

In FMEA-based risk assessment, you identify possible failure modes and judge how serious the impact would be, how likely the failure is to occur, and how likely you are to detect it before it causes trouble. The three factors you evaluate are Severity (how bad the consequence would be), Occurrence (how likely the failure is to happen), and Detection (how detectable the failure is with current controls). Each factor is scored, and those scores are multiplied to produce a Risk Priority Number, which you use to rank and prioritize actions. The goal is to focus maintenance efforts on the most significant risks by reducing the likelihood of failures, lowering their impact, or improving detection so problems are caught early. In this CBM T6 context, that combination of Severity, Occurrence, and Detection with an RPN and subsequent prioritization is the standard approach.