During the FMEA process, drafts of the FMEA are periodically reviewed and discussed. By the end of the process, the FMEA should be a complete record of analysis, tracking product conception, failures attributable to poor design quality or poor manufacturing practices and corrective actions for either eliminating or lessening the severity of all critical design flaws. Prior to initiating the first phase of prototype development, the FMEA should be formally approved as a stand-alone report.

Detailed information on content to be included in the final FMEA report appears in the FMEA standards (MIL-STD-1629, IEC 60812 (1985-07), Automotive FMEAs, SAE ARP 5580, etc.). The FMEA report typically consists of an introduction, summary and detailed analysis results.