We are in dilemma with following situation.
Ours is a EPC company dealing in Power Projects. We do not have standard component, rather similar components are prepared on daily basis but the dimensions, design, specification, construction are different based on project requirement. But common thing is we follow similar manufacturing process (Not is same sequence) i.e Different Welding Processes, Machining, Painting etc.
The time between Design Release and Start of Manufacturing is very less.
Now the Question is Considering the organization Business Model what will be the best approach for PFMEA ?
Option 1 : Do PFMEA on Manufacturing Process (i.e Welding ) and improve it ?
Option 2 : Do PFMEA on every component before start of manufacturing ?
Want your thoughts on pro / cons of both the approach ?