An FMEA (Failure Mode and Effect Analysis) is a systematic method of identifying and preventing product and process problems before they occur. FMEAs are focused on preventing defects, enhancing safety, and increasing customer satisfaction. Ideally, FMEAs are conducted in the product design or process development stages, although conducting an FMEA on existing products and processes can also yield substantial benefits. FMEA is used in the manufacturing industry to improve production quality and productivity by reducing potential reliability problems early in the development cycle where it is easier to take actions to overcome these issues, thereby enhancing reliability through design. It is a method that evaluates possible failures in the system, design, process or service . In this paper, Failure mode and Effect Analysis is done on the process of Punching. A series of punching operation is done on various work pieces and the defects are found. Based on the evidence found, the ratings are given and risk priority number is given. Based on the RPN, the preventive measures are given. The FMEA is a proactive approach in solving potential failure modes. These works serve as a failure prevention guide for those who perform the punching operation and works towards effective punching operation.