What aspect of Failure Modes and Effects Analysis (FMEA) is not considered part of risk analysis in the BABOK?

The aspect of Failure Modes and Effects Analysis (FMEA) that is not considered part of risk analysis in the BABOK is the ease of detectability of a risk. In the context of FMEA, the focus is primarily on evaluating and prioritizing risks based on their criticality, severity, and occurrence frequency.

Criticality relates to the importance of a failure and its consequences on business operations, helping to understand how significant the failure is within the larger process. Severity of impact assesses the potential consequences of a failure, indicating how serious the effects could be if a failure occurs. Occurrence frequency measures how likely a failure is to happen, contributing to a comprehensive understanding of the risk landscape.

While detectability is indeed an important factor in the FMEA process—since it relates to how easily a potential failure can be identified before it occurs—it does not fall under the risk analysis component as defined by the BABOK framework. The risk analysis within BABOK emphasizes the evaluation of risks based on severity, impact, and likelihood, rather than how easily these risks can be detected. Therefore, ease of detectability is treated as peripheral to the core risk evaluation mechanisms defined in the BABOK.