Risk management applying FMEA-STEG case study

Abstract

Everyday, companies are submissive to several risks that may influence the good sequences of their activities. Therefore, risk management to be proved as a good management philosophy that can reduce or limits negative effects of risks. In this paper, we will focus on the Failure Mode and Effects Analysis (FMEA) as an efficient method of risk management in the Tunisian Company of Electricity and Gas (STEG), exactly in the base of electricity transmission district Gremda. After my discussions with the safety manager, the leaders and the executives in this district, we estimate that this method allows to put the risks that may affect the performance of this company and to structure these risks according to their Risk Priority Number. This step is crucial in the risk management process. This research will be useful as an audit for the safety standardization system of this company.

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