Abstract:This study aims to develop a risk management assessment model for Small and Medium-Sized Enterprises (SMEs) in Indonesia based on the ISO 31000 concept and Design Failure Mode and Effect Analysis (DFMEA). The research used a qualitative approach and descriptive analysis to identify, analyze, evaluate, and treat hazards in SMEs. The results show that the model consists of four steps: risk identification, risk analysis, risk evaluation, and risk treatment, using Risk Priority Number to quantify risk in four fact… Show more
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