Usually DFMEAs are done on the assembly but you consider component/part failures (If this part fails, what are the consequences to the operation of the assembly).required DFMEA for every parts of AC motor..
Do you design the product? If so design FMEAs are usually performed after the product has been designed but the drawing has not been issued.
If your company does not design the product, then the design FMEA is a responsibility of the design group and not the manufacturing group. A manufacturing group can and should develop a process FMEA prior to manufacturing the product. After the product has been produced, the development of a process FMEA is more for show than go.