Process-oriented risk assessment methodology for manufacturing process evaluation

A process-oriented quantitative risk assessment methodology is proposed to evaluate risk associated with processes using modelling, simulation and decision-making approaches. For this purpose, risks involved in a process and the corresponding risk factors are identified through an objective-oriented risk identification approach. The identified risks are first analysed qualitatively in the failure mode effect and critical analysis process and then evaluated quantitatively in a simulation environment employing a process-based risk measurement model. To ease the decision-making process in case of multiple but heterogeneous risk measures, a global risk indicator is developed using the normalisation and aggregation techniques of the decision theory. Using the proposed methodology as a decision-making tool, alternative manufacturing scenarios (i.e. manufacturing process plans) are developed and ranked on the basis of desirability. Although the methodology is illustrated with a case study issued from the part ma...