In this paper, a novel integrated tool for failure mode and effects analysis (FMEA), opportunely named Risk Failure Deployment (RFD), which is able to evaluate the most critical failure modes and provide analyst with a practical and step‐by‐step guidance by selecting the most effective corrective actions for removal/mitigation process of root causes, is presented. Thanks to the modification of the framework of the Manufacturing cost deployment (MCD) and to its well‐structured use of matrices, the novel RFD is able both to handle the dependencies and interactions between different and numerous failures and to evaluate the most critical ones on the basis of the risk priority number (RPN). Thereafter, the logical relationship between root causes and failure modes is assessed. Successively, the prioritization of corrective actions that are the most suitable for root causes is executed using not only the RPN but also other criteria, such as the economic aspect and the ease of implementation, that are unavoidable to execute a rational and effective selection of improvement activities. The effectiveness and usefulness in practice of the original tool for the prioritization of corrective actions to mitigate the risks due to failure modes collected during FMEA are presented in a case study
