Welcome to the forum. First question - is this a school project? If so, I think our responses need to be kept simple so you can complete the exercise. If not, perhaps more in depth responses would be warranted. For a functional FMEA db, I would have some concerns with your current situation.
I think to keep the answer to your specific question simpler for now, cascading combos would probably be the way to go. Choose a part from combo1, combo2 presents a list of applicable failures (or whatever is appropriate for the next step); combo3, the next child level, is filtered according to the value chosen in combo2, etc. You can only DLookup one field from one domain at a time.
The more we hear silence, the more we begin to think about our value in this universe.
Paraphrase of Professor Brian Cox.