Use a risk vs reward diagram. Our team uses them and then determines the path with the least severe risks and most rewards.
Carl
#2
Use a risk vs reward diagram. Our team uses them and then determines the path with the least severe risks and most rewards.
This forum really isn’t the right place for this question.
Perhaps the company is a team?
What we use in the development of control products, especially for medical, is an FMEA:
You can also use an FTA, just a little different in layout and scoring, but a good logical analysis for fault, sometimes used in risk:
We registered as a business on Google, doesn’t count though