In network management, fault management is the set of functions that (a) detect, isolate, and correct malfunctions in a telecommunications network, (b) compensate for environmental changes, and (c) include maintaining and examining error logs, accepting and acting on error detection notifications, tracing and identifying faults, carrying out sequences of diagnostics tests, correcting faults, reporting error conditions, and localizing and tracing faults by examining and manipulating database information.

Source: from Federal Standard 1037C and from MIL-STD-188