Patent ID: 7451063
Filing Date: 2008-11-11
Classification: G06F

Abstract:
1. A computer-implemented user-interactive method for addressing risk associated with one or more aspects of a product or process, the computer being in communication with a display, comprising the steps of: identifying a plurality of risks by recording a plurality of chains of undesirable events associated with at least one aspect of the product or process, each chain of undesirable events including (a) at least one effect associated with a malfunction of an aspect of the product or process, (b) at least one failure mode associated with the at least one effect, and (c) at least one cause associated with the at least one failure mode, with the events being recorded by a user in the order listed above; calculating, with an algorithm executed by the computer, a plurality of risk factors and displaying each of the risk factors in association with at least one undesirable event, the risk factors being capable of being summed for like events; ranking the risks as a function of the risk factors; selecting a subset of the plurality of risks based on the ranking; and addressing only those risks that have been selected.