the Failure Mode Effects Analysis (FMEA) tool quantifies stressors by breaking a risk point down across 3 categories:
Severity: the hell to pay factor
Occurrences: likelihood of happening
Detection: if shit hits the fan how early/easily will I know
not sure who outside the 6 Sigma community has the time to actually use this (like Stephen Colbert and Dubya, i listen to my gut on such matters) but it apparently helps execs with time to burn dial in on risk management/assessment.
i just want to know what it looks like nekkid.