Fault/alarm management system and method based on simple network management protocol

The system is composed of network management and net element, both of which possess SNMP MIB nodes of SNMP management information base. SNMP MIB nodes include fault/ alarm management nodes in use for sending fault/ alarm control message of management to net element from network management, and for reporting fault/ alarm message from net element to network management. The disclosed system and method implements managing and controlling fault/ alarm.