Severity rating

Keep spoon feeding her Stan. That’ll help.  Sometimes I think you just like the exposure.

There should be standards set before the exercise.  For example; a 5 = loss of 1,000 customers or 5 = can not detect until customer notification.  But that standard is usually set by you.  I’m sure there are industry recommendations you can research.
 
Stevo

Shailee,
This link provides a straightforward explanation of Severity Ranking ..
http://www.qualitytrainingportal.com/resources/fmea/form_46a_app4mod.htm
Stan,
You had it backwards … bringing down US economy would carry the higher severity (rank of 10 perhaps), while the bonus example would have a rank of 1 (unless it was my bonus).
When we multiply the Severity x Occurence x Prevention/Detection ratings, we arrive at the rpn (Risk Priority Number) … Severity and rpn then drive the priority ranking to address each failure mode … higher Severity/rpn, the more critical the issue.
regards to all
aj

Stan, you know full well that I am just completing the Minitab 20 revision so your claim of having Version 24 is blatantly false.As to the poster’s question:
1. First determine the appropriate scale whether it be 1-5, 1-10 or 1,3,9. No right answer here.
2. Determine the appropriate anchors, that is the ends of the scale. In banking, the highest scale may be loss of business. In IT it may be system shutdown. In healthcare it is usually death. On the low end it might be that the customer never notices. You pick it based on what is critical to the organization.
3. Now define the interim scale values or depending on the width of the scale, a few more anchor points. In many cases, you will deal with the high severity instances regardless of the value of the RPN calculation.
4. The occurrence extremes should also be defined and based on some data.
5. Likewise with control.

Stan,
What’s wrong with answering Shailee’s question? Doesnt it take more effort to write a lame remark then just being helpful and giving an honest answer?
This message board is definetly a platform to boost your ego.
-SC

Amidst all the flotsam and jetsam of the responses, Darth had the most practical input. Stan said something similar with his sarcastic banking comment, but Darth’s input was straightforward.

Good one!It just seemed there was a lot of discussion about “me,” “you,” and “him/her” mixed in with some useful facts. I thought I’d try to give the originator of this tangent-laden discussion some idea where to find the answer to the question.If I start sounding like Howard Cosell, it will be time to reconsider things big time!