This book presents a practical handbook which could be used by everyone with a need and a wish to aim a larger knowledge on the field of FMEA methodology, and especially speaking about the p-FMEA. The same is divided to 6 chapters in which the readers could find all of the necessary information's about the basics, the necessary steps while creating the FMEA team, as well as all of the necessary data and information needed while performing such a methodology in real business entity. Although as a field of interest, the readers could find much larger books in libraries and while performing an online research, this one is short but practical handbook which step by step brings the selected methodology to the readers. The same one actually is created with a wish that it will be practical handbook which will find its place to reader's book shelves, industrial entities libraries and finally will create much larger knowledge after reading the same one.