Enhanced process for conducting potential problem analysis

A method of analyzing potential problems, the steps of the method comprising:

• identifying a plurality of potential problems;
• for each identified potential problem, determining whether the probability of the occurrence of the problem is low, moderate, or high;
• for each identified potential problem, assigning a numerical value for the probability of the occurrence of the problem wherein the numerical value is equal to one where there is a low probability that the problem will occur, two where there is a moderate probability that the problem will occur, and three where there is a high probability that the problem will occur;
• for each identified potential problem, determining whether the seriousness of the problem is low, moderate, or high;
• for each identified potential problem, assigning a numerical value for the seriousness of the problem wherein the numerical value is equal to one where the seriousness of the problem is determined to be low, two where the seriousness of the problem is determined to be moderate, and three where the seriousness of the problem is determined to be high;
• for each identified potential problem, calculating a first product of the value assigned for the probability of the problem's occurrence and the value assigned for the problem's seriousness;
• for each identified potential problem, assigning a numerical value for the coefficient of seriousness of the problem;
• for each identified potential problem, calculating a second product of the value assigned for the coefficient of seriousness of the problem and the value assigned for the problem's seriousness;
• for each identified potential problem, calculating a relative priority value from the sum of the first product and the second product;
• ranking each the relative priority value relative to each other the relative priority value from highest to lowest.