A preview to 360 Performance Circle's new Risk Management series. For the full story, check out our website here: http://www.360performancecircle.com/product/category/13/154/lean/risk-management Go beyond just initiating preventive actions to mitigating risks Confront the future of lean and quality with confidence. Address risk with practical tools. Engage risk at strategic, project, process, and product levels. Create intelligent contingency plans. Episode 29: Using Failure Mode and Effects Analysis (FMEA) to Manage Risks and Mistake-Proof Bring practical methods to risk management; Satisfy key aspects of the new ISO 9001 requirements Episode 30: Manage Risk at All Three Levels of the Organization Reduce risk in your products, processes, projects, and strategic decisions Your presenter Our subscription plan: Our videos are based on a one-year subscription for a physical site. This means you can deploy the videos to as many people associated with that site as you wish. They can be viewed in a classroom, at desks and work stations, at satellite offices, or even at home. See the entire series on lean! These two videos are part of a larger series on lean: "Creating and Sustaining Lean Improvements." And check out our videos using magic to illustrate many topics on lean and quality! FMEA got its start in the aerospace industry decades ago, and has been a requirement by many customers in many industries, but rarely has it been done well. It was always seen as a "quality" compliance tool, rather than a useful tool for making better decisions. Today, FMEA has grown to be associated with the lean tools of mistake-proofing and poka yoke. As the world focuses more on risk management, FMEA has become immensely valuable. To properly understand risk management, one must address it at multiple levels: Product, process, project, strategic, and company-wide. Go way beyond initiating preventive actions and focus on a holistic approach to manage and mitigate risks.
Views: 41903 Kaizen Institute Online
In this risk identification video, learn what is project risk and the list of possible risks like personnel risks, schedule risks, technical risks, quality risks and other risks. This risk management video explains project risks checklist or risk identification list that is one of the risk identification tools. It is easy to use the risks checklist if you want to learn how to identify risk factors. This QA training also gives software development project risk examples. Useful for project risk identification. You can email me if you need a copy of my risk identification ppt. The volume is low. Click Cc button to see subtitles in English. Reference: My blog at http://inderpsingh.blogspot.com/2012/09/RapidRiskIdentification.html Also by Software and Testing Training Risk Management in Software Projects : https://youtu.be/OlzMrXtgl1I Software Testing Tutorials : https://www.youtube.com/playlist?list=PLc3SzDYhhiGWuMK03uYO-UENAx0s2woWM Test Automation : https://www.youtube.com/playlist?list=PLc3SzDYhhiGXVcy8EcrTSfwsC-v8EUZvg Programming Concepts : https://www.youtube.com/playlist?list=PLc3SzDYhhiGVqrvE28rlJR75asbujHoUL Website : http://inderpsingh.blogspot.com/ Twitter : https://twitter.com/inder_p_singh
Views: 37551 Software and Testing Training
Quality risk management: A systematic process for the assessment, control, communication and review of risks to the quality of the drug (medicinal) product across the product lifecycle Risk: Combination of the probability of occurrence of harm and the severity of that harm
Views: 2479 Arturo Tilton
Watch this video to learn all about risk management in projects, as explained by a PMP. Try our Award-Winning PM Software for free: https://www.projectmanager.com/?utm_source=youtube.com&utm_medium=social&utm_campaign=WhatIsRiskManagementInProjects What is risk management? How is risk management in projects defined? What role does the Triple Constraint play in project management? These questions centered around risk management in projects are all answered in this brief video hosted by Director, Jennifer Whitt. Be sure to WATCH THE ENTIRE VIDEO and learn exactly what project risk management is, along with how and when to apply it. Learn about the Triple Constraint and how elements of risk can affect the scope, quality cost or time of a project. Jennifer also talks about the relationship between the project management plan and the risk management plan. What is entailed in the risk management plan? Basically, it's the (risk management) process or the determination of how to manage risk on the project. Risk management tools such as project management software, excel and templates are also a vital part of project risk management Plus, you'll learn about all the activities used to manage risk throughout the entire project. Want to know more? Watch this video on project risk management and then... Click the link below to CLAIM YOUR FREE 30 DAY TRIAL OF PROJECTMANAGER.COM https://www.projectmanager.com/?utm_source=youtube.com&utm_medium=social&utm_campaign=WhatIsRiskManagementInProjects SUBSCRIBE to our YouTube Channel here: https://www.youtube.com/user/projectmanagervideos
Views: 133648 Project Management Videos
Presented by: Ken Kahn, Director of Virginia Commonwealth University’s da Vinci Center and Paul O’Connor, Founder/Managing Director, The Adept Group To view the entire webinar, visit: http://budurl.com/7xls New product professionals are tasked with having to deliver new product forecasts and risks appraisals to senior management, both for business case evaluation and portfolio management inclusion. To do this most effectively, managers have a great need to understand how to execute unique elements of new product forecasting and risk assessment, especially compared to typical “best guess” methods. This sharply focused webinar will present the challenges of both new product forecasting and risk assessment, their deep relation to one another, key approaches toward successfully conducting them, and the best organizational practices toward each. The goal of this webinar is to provide keen insights for delivering and managing new product forecasts and risk assessments, and to lay out a clear path for improving and delivering these important new product measures. About the Presenters Ken Kahn Director of Virginia Commonwealth University's da Vinci Center Ken Kahn is a well-recognized expert and top scholar in the field of innovation management and market forecasting. Now a marketing professor at Virginia Commonwealth University, he is also Director of the University’s da Vinci Center, which offers a variety of programs in product innovation and venture enterprise creation. Paul O’ConnorFounder/Managing Director, The Adept Group As the founder and managing director of The Adept Group, Paul will share insights based on 30+ years of helping product development organizations improve their productivity. A leading voice in the discipline of product line roadmapping, Paul is widely published, teaches a wide range of master courses and workshops, and is a frequent speaker at professional organization meetings and corporate seminars.
Views: 1892 Sopheon
MIT 18.S096 Topics in Mathematics with Applications in Finance, Fall 2013 View the complete course: http://ocw.mit.edu/18-S096F13 Instructor: Jake Xia This lecture focuses on portfolio management, including portfolio construction, portfolio theory, risk parity portfolios, and their limitations. License: Creative Commons BY-NC-SA More information at http://ocw.mit.edu/terms More courses at http://ocw.mit.edu
Views: 576897 MIT OpenCourseWare
For more business tutorials like this one on business risk types such as product risk and market risk, try my business apps: http://www.problemio.com In this video I discuss two types of business risk. The first kind of business risk is product risk. It is sometimes called technical risk. This kind of business risk has to do with the risk associated with you being able to create the product and put it out into the market. If it is costly or time consuming, or requires special skill sets, all that adds to the product risk because there are more things that can go wrong before you are able to put the product out into the market. The other kind of business risk is market risk. Every business has market risk. Market risk is the risk that the market (your potential consumers) will not like your product for one reason or another. And largely, you only learn about how much market risk you have after you launch your business. To decrease both of these kinds of business risk, try to choose business ideas that have less product risk, and are simple to prototype. And try to get feedback on your business ideas before you get started. Those two things will help you decrease not only your product risk, but also decrease your market risk because you will have more of a sense for how to market this business. I personally try to avoid companies that have product risk. These kinds of businesses have too much uncertainty. And there is already a lot of uncertainty when you start a business so I try to not add more risk to the business. Steve Blank often talks about weighing product risk vs. market risk when you plan and start a business. The theories in this video are largely based on the theories of Steve Blank who is a Stanford professor who also has over 20 years of business experience. And here are the links to the mobile apps I created which help you plan and start your business: Here is the Android business plan app: https://play.google.com/store/apps/details?id=business.premium iOS business plan app: https://itunes.apple.com/us/app/business-plan-and-coach/id554845193 And here is our 4-app business starting course on the Kindle: http://glowingstart.com/best-amazon-kindle-business-apps/ And here is our 4-app business starting course on the NOOK: http://glowingstart.com/best-nook-business-apps/ Freemium business model https://www.youtube.com/watch?v=8IqWwNLHIsU Business plan course https://www.youtube.com/watch?v=i19XAhb0-BM What is a business plan https://www.youtube.com/watch?v=T63QsuNIwZA What is a business model: https://www.youtube.com/watch?v=dsUz6lfXCkE How to make money with ads: https://www.youtube.com/watch?v=eAw7JowBjc8 Hiring tips and strategies: https://www.youtube.com/watch?v=LEPLs1dOBZg How to identify your target market: https://www.youtube.com/watch?v=loHvzCFnAvg What is KPI and how to use it in your business: https://www.youtube.com/watch?v=fx1x33DKmGc Do you need a business plan? https://www.youtube.com/watch?v=0kYxzkx6JJI How to price your product? https://www.youtube.com/watch?v=qN5No7ON5o0 The lean startup methodology by Eric Ries: https://www.youtube.com/watch?v=HYXTXHteY8Q Steve Blank's customer development theory: https://www.youtube.com/watch?v=_lkRDM8yXxU How to make money from a blog: https://www.youtube.com/watch?v=qrLvNkVVfZc How to deal with business competition: https://www.youtube.com/watch?v=SKcNJsybVsQ How to start a trucking company: https://www.youtube.com/watch?v=ql8jBXgDBT0
Views: 2429 Start & Grow Your Business
Webinar recorded on November 1, 2018. Product risk assessments are by far the most effective way for product safety professionals to determine whether action is required to reduce the risk that end users might be injured while using their company’s products. Failure to assess these potential risks may lead toproduct returns or recalls, damage to brand integrity, or even litigation. This webinar will provide an introduction to product risk assessments and implementation of a risk assessment program including: · Why product risk assessments are needed · Risk management process overview · Establishing a safety culture in support of product risk assessments · Product risk assessment tools · Risk based management systems Our speaker is Donald Moffett, Director of Social Compliance at Carhartt. Don has been in the product safety industry for more than 20 years and has implemented risk assessment methodologies and programs throughout his career.
Views: 95 Society of Product Safety Professionals
Managing risks is crucial in the development of safe and reliable products. Thoroughly identifying, analyzing, and controlling all the potential ways your product could fail (overall referred to as risk management) will increase the quality of any product, but is even more important in the context of safety-critical development. In an Agile environment with self-governing teams, implementing adequate risk management processes throughout the lifecycle can be a challenge. Watch this webinar recording to learn more about managing risks in general, and how to make sure all risks are considered and covered when developing software with Agile teams. The recording also gives you tips about the practical side of implementing comprehensive risk management processes in an Agile environment. For more information, visit https://intland.com/risk-management/
Views: 1992 Intland Software
This presentation looks at the issues facing retailers importing consumer product manufactured outside the EU. It looks at the legal obligations for placing them onto the market and the responsibilities of the importer and retailer. It reviews the risks associated with these products and the steps that can be taken to ensure that the risks are minimized and product issues such as complaints & returns are managed. The aim being to help you protect yourself and minimize the risks when importing these types of products. http://www.tuv-sud.co.uk/uk-en/activity/product-certification/european-approvals/ce-marking http://www.tuv-sud.co.uk/uk-en/activity/testing/safety-testing To find out about our other available training courses, please click here: http://www.tuv-sud.co.uk/uk-en/activity/training
Views: 469 TÜV SÜD Product Service UK
Risk Management for Medical Products Selling biomedical products on international markets must be accompanied by proper risk management. Risks affiliated to individual biotech product must be identified and minimised. Remaining risk must be in responsible dimensions to account for liability of manufacturing company. Prospective project managers dealing with risk management must be in charge of tools to perform appropriate risk management. Here it is important to identify potential risks of biotech product and to be in compliance to international guidelines for risk control. This seminar deals with current methods in risk management and strategies for optimal application of templates for individual risk assessment. Here implementation of suitable in-process controls lead to improved discoverability of potential mistakes.
Views: 328 2012Biotech
A preview of 360 Performance Circle's new episode, Risk Management: Manage Risk at All Three Levels of the Organization For the full story, check out our website here: http://www.360performancecircle.com/product/category/13/154/151/lean/risk-management/manage-risk-all-three-levels-o To follow us on Twitter, head over to: https://twitter.com/360PCircle Go beyond just initiating preventive actions to mitigating risks Confront the future of lean and quality with confidence. Address risk with practical tools. Engage risk at strategic, project, process, and product levels. Create intelligent contingency plans. This clip is from a two episode series on Risk Management: Episode 29: Using Failure Mode and Effects Analysis (FMEA) to Manage Risks and Mistake-Proof Bring practical methods to risk management; Satisfy key aspects of the new ISO 9001 requirements Episode 30: Manage Risk at All Three Levels of the Organization Reduce risk in your products, processes, projects, and strategic decisions Your presenter Our subscription plan: Our videos are based on a one-year subscription for a physical site. This means you can deploy the videos to as many people associated with that site as you wish. They can be viewed in a classroom, at desks and work stations, at satellite offices, or even at home. See the entire series on lean! These two videos are part of a larger series on lean: "Creating and Sustaining Lean Improvements." And check out our videos using magic to illustrate many topics on lean and quality! FMEA got its start in the aerospace industry decades ago, and has been a requirement by many customers in many industries, but rarely has it been done well. It was always seen as a "quality" compliance tool, rather than a useful tool for making better decisions. Today, FMEA has grown to be associated with the lean tools of mistake-proofing and poka yoke. As the world focuses more on risk management, FMEA has become immensely valuable. To properly understand risk management, one must address it at multiple levels: Product, process, project, strategic, and company-wide. Go way beyond initiating preventive actions and focus on a holistic approach to manage and mitigate risks.
Views: 360 Kaizen Institute Online
For more information, visit https://intland.com/medical-device-development/ Risk management is of such vital importance in the development of medical devices that a separate standard was devised to ensure the adequacy of hazard reduction processes. ISO 14971, a standard titled Medical devices -- Application of risk management to medical devices aims to ensure that medical end products (devices) are as free of hazards as reasonably possible. It specifies a process for identifying, analyzing, and controlling (reducing or mitigating) all risks, and to monitor the effectiveness of your risk management lifecycle. Watch this webinar recording to learn more about the practicalities of managing risks in complex medical (embedded) software projects. This webinar recording covers the planning and execution of a comprehensive risk management lifecycle, from analysis through reduction to reporting and compliance.
Views: 5783 Intland Software
Effectively managing the global supply chain comes with unique risks due to poor or inadequate product testing, a consistently volatile Socioeconomic climate and an ever changing cycle of governmental regulations like the CPSIA, China GB and European REACH programs. Amber Road’s Risk and Quality Management solutions help manufacturers and retailers accurately ensure that all trading partners are in compliance with regulatory requirements, and standards for product safety, ethical sourcing of labor, health and safety and product quality. Learn more with our solution brochure, Risk & Quality Management - http://bit.ly/RiskQualityMgmt
Views: 470 Amber Road
Analytical modeling, for whatever use it is put to, can either support or controvert “gut feel” management. Often enough, the results of a carefully modeled and analyzed problem can be surprising — and even counter-intuitive. And adding @RISK functionality to that model can give decision-makers an even better feel for how changes in the modeled variables could affect the strategic choices they make. This free live webcast builds on a relatively simple business case (Destin Brass Products Co., purchase if interested. The case material is NOT required to understand the webinar.) The company has three product lines, and they can’t understand why profits are decreasing even though all the products show strong margins. Using @RISK, we’ll look a better way to allocate overhead to the products, and see how the management’s decisions should be re-evaluated. Although this case is about a manufacturing company with “high-touch” manufactured products, it is a broadly applicable lesson in how and why to use non-deterministic decision modeling. -- Presenter: Steve Schultz Founder/CEO Moveable Feast Mobile Media, Inc. Steve Schultz is an independent management consultant who specializes in strategic business planning and product development, with a 20+ year background in data and media, spanning Fortune 500 to small startup. A former Product Manager (and current entrepreneur), Steve understands deeply the importance of fact-based metrics and decision modeling. Steve also founded and built Moveable Feast Mobile Media - a mobile-first platform for geographically immersive storytelling. Steve has an MBA from Northwestern University’s Kellogg School of Management, and a Bachelor of Science in Applied Mathematics from Tulane University.
Views: 2136 Palisade
Understand the different ways to manage price and basis risk for Natural Gas futures. Subscribe: https://www.youtube.com/subscription_center?add_user=cmegroup Learn more: https://institute.cmegroup.com/ CME Group: http://www.cmegroup.com/ Follow us: Twitter: http://twitter.com/CMEGroup Facebook: http://www.facebook.com/CMEGroup Topic: basis, henry hub, dominion south point, transco zone 6, Marcellus, index price, risk, MMBtu
Views: 1150 CME Group
A product recall that escalates into a crisis can pose a very significant reputation risk for a food or consumer goods company. You've worked tirelessly for years to build your brand and your reputation, a key asset for any company. Lots of food and consumer goods companies have product recall plans and crisis management plans but the key question is will they work when you have an incident? Unfortunately for many companies, the answer is probably not! In this video, Steve Hather, Director of The Recall Institute, will go through the 3 key reasons most product recall procedures are not adequate, most product recall plans and crisis management plans don't provide enough guidance in a product recall. For further information go to our website www.recallinstitute.com or download our free guide to the 10 key elements of crisis prevention here https://recallinstitute.kartra.com/page/10keyelementscrisisprevention
Views: 187 The Recall Institute
TrackVision - Risk Management Software - Product Technical File Industry leading, customisable compliance software to allow your compliance team to manage Product Technical Files or supply chain due diligence. The system can be integrated into your systems and workflows. Includes compliance document repository with certificate renewal alerts prior to expiry. Product risk and supplier performance indicators available at the click of a button and simple reports delivered via your systems to the key decision makers. The software allows you to work with your suppliers around the world, to maintain and keep them up to date and minimise risk. User training and support provided. https://www.trackrecordglobal.com/services/
Views: 70 Track Record Global
In this webinar, Barbara Young covers the changing international dynamics for Managing Risk, the basic elements of a Risk Management Program, the application of Risk Tools throughout development of products, and tips for successful Risk Management execution. This recording is posted with speaker permission. (Presentation date: 6/7/18)
Views: 60 ASQ Blue Ridge Section 1108
Barry Greenhut, Director, Risk Cloud Product Strategy, takes you through the Oracle Risk Management product overview and resources that assist in controlling weaknesses and enabling awareness to risk, through transparency and accountability.
Views: 164 OraclePartnerNetwork
Want to get a potentially lucrative product to market, quickly? Learn how to manage a high risk high reward project effectively by watching this video from https://www.projectmanager.com/?utm_source=youtube.com&utm_medium=social&utm_campaign=ProjectRiskManagementTipsForManagingAHighRiskProject!. Watch the following video entitled "Project Risk Management Tips For Managing A High Risk Project!" and watch Devin Deen, Director of ProjectManager.com as he explains how to successfully plot and manage project risks throughout the life-cycle of the project. Are you looking for a software tool that will help you manage a high risk project? Claim your free 30-day trial of ProjectManager.com today! Simply click the link below: https://www.projectmanager.com/?utm_source=youtube.com&utm_medium=social&utm_campaign=ProjectRiskManagementTipsForManagingAHighRiskProject! To subscribe to our YouTube Channel, click here: https://www.youtube.com/user/projectmanagervideos To see another video on risk management in projects, check out "How to Manage High Risk Projects", by clicking here: https://www.youtube.com/watch?v=E1OxrR6iZtw
Views: 20862 Project Management Videos
Provides an overview of Risk assessment and risk calculation. Applies to all supported releases as of Kingston. Role required: itil_admin For best video quality, increase your player resolution to 1080p. For more information on the Risk assessment and risk calculation, see: ServiceNow product documentation: Risk assessment and risk calculation: https://docs.servicenow.com/bundle/helsinki-it-service-management/page/product/change-management/concept/c_RskAsmtCalc.html ServiceNow Training and Certification: http://www.servicenow.com/services/training-and-certification.html ServiceNow Community: https://community.servicenow.com/welcome ServiceNow TechBytes Podcast: https://community.servicenow.com/community/experts-corner/techbytes-podcasts For general information about ServiceNow, visit: http://www.servicenow.com/ Your feedback helps us serve you better. Did you find this video helpful? Leave us a comment to tell us why or why not.
Views: 2980 ServiceNow Support
Excerpts from our conversation with The Best Product Person of 2018, Brian Crofts. Watch now and see why he is counted amongst the ranks of the best in product management. Submit your nomination for The Best Product Person of this year @ http://TheBestProductPerson.com The Best Product Person (#TBPP) is the leading international award honoring excellence in Product Management. Established in 2010, TBPP is awarded annually in association with The Product Guy and The Product Group (http://meetup.com/theproductgroup). Learn more about the current and past winners @ http://tpgblog.com/tbpp
Views: 5 TheProductWay
In order to be effective, risk managers need an ERM framework that can supply an always up-to-date and comprehensive snapshot of a complete risk profile. To find out more about Wdesk for Enterprise Risk Management, visit https://www.workiva.com/solutions/enterprise-risk-management.
Views: 714 Workiva
Mr. Fabrice Tourre, former Vice President and Co-Head of European Structured Credit Trading at Goldman Sachs and currently a Ph.D. student in economics at the University of Chicago. Mr. Tourre was involved in the structuring of the famous Abacus CDO that was shorted by hedge fund manager, John Paulson. After the financial crisis of 2008, the SEC brought a suit against Goldman Sachs and Tourre for misrepresentation on the Abacus CDO. Goldman Sachs settled the case for $550 million in 2010. The case against Fabrice Tourre went to civil trial, where he was ordered to pay $825,000 in penalties after a jury found him liable for nondisclosure of information. Mr. Tourre, one the experts in CDOs, discusses the structured credit market and the role it played in the financial crisis of 2008. He also gives students his words of advice for their careers. Q&A Begins at: 01'11'05". For more info: www.ludwigbc.com To get the book Crisis of Crowding: http://www.amazon.com/gp/product/1118250028/ref=as_li_qf_sp_asin_il_tl?ie=UTF8&camp=1789&creative=9325&creativeASIN=1118250028&linkCode=as2&tag=wwwludwigbcco-20
Views: 6687 Ludwig Chincarini
See the full article at http://www.mindsheet.com/product-development-process/ There are three major areas of risk in the product development process when it comes to developing new hi-tech products: Technology risk Management risk Market risk We tend to dwell on the first two, because that is what you're aware of on a day to day basis. Will the technology work? Do you have good development and communication processes? Do you have the right people? is the project on track? and so on... But by far the biggest area of risk is the third one -- market risk. Think about it, you only really know if you've got a flop on your hand when you launch the new product into the market. By that stage, you've already spent all of the development budget. Watch the video to find out more - or go to http://www.mindsheet.com/product-development-process/ to see the full article.
Views: 2346 Raglan Tribe
How do we deal with risk in Agile development? We call it Agile Risk Management. In traditional waterfall projects, we save testing for the very end of our project development plan. That leaves discovering any potential bugs or misalignment to the very end. That means we suddenly have a limited amount of time to get our entire project back on track. Learn more about dealing with the Risk Iceberg Problem--meaning the hidden work--through Agile planning and development practices with this video from David Hawks. You can also read about Agile planning and Agile Risk Management with our article: Don’t Lock in Tough Decisions Early (https://agilevelocity.com/agile/dont-lock-in-tough-decisions-early/) Follow Agile Velocity around the internet: Our Website: http://www.agilevelocity.com/ Our Agile Library: https://agilevelocity.com/library/ Twitter: https://twitter.com/agile_velocity Facebook: https://www.facebook.com/AgileVelocity/ LinkedIn: https://www.linkedin.com/company/agil... Instagram: https://www.instagram.com/agile_veloc…
Views: 2394 Agile Velocity
(subtitles available in English, French, Dutch, Spanish, Chinese and Russian, German, and a French version is available here: https://youtu.be/wRmfvFYDNr8) Hazard, Risk & Safety Danger, risques et sécurité Gevaar, risico's en veiligheid Peligro, riesgo y seguridad Опасность, риск и безопасность Gefahr, Risiko und Sicherheit We all hear these terms on a daily basis. So and so a chemical, physical or a biological agent poses a risk; This or that product is a hazard or behaving a certain way is unsafe. A lot of the time “hazard” and “risk” are freely used to mean the same thing. However they are not. Hazard is the potential to cause harm. Risk on the other hand is the likelihood of harm in defined circumstances. In a nutshell, hazard and risk are not always aligned as the risk depends on the exposure to the hazard ; similarly, risk, safety and perception of risk are not always aligned; this can make political decisions regarding safety levels difficult to make, in these cases it is especially important to base them on facts rather than on subjective perceptions. http://www.greenfacts.org
Views: 401107 GreenFacts.org
SoftComply Risk Manager is the best add-on for risk management for JIRA! SoftComply Risk Manager automates your product risk management and is the only risk management add-on developed specifically for product risk and safety risk management ( in accordance to ISO 14971). SoftComply Risk Manager is suitable for medical device risk management and other safety critical software risk management. SoftComply Risk Manager provides fully customizable risk management table and matrices for different risk management methods like hazard analysis, FMEA and others. It also automatically generates risk reports with your risk data! Try it out for free for 1 month - https://marketplace.atlassian.com/plugins/com-softcomply-riskmanager-cloud/cloud/overview
Views: 489 SoftComply
We develop a common language and system in product safety, from design to post-market, building product safety criteria, developing your product safety interval and defining the level of product risk of your products. You will learn to factor into your product design foreseeable misusescenarios. http://www.productsafetymanagement.com/
Views: 9 Product Safety Management
BUY MODEL: https://riskacademy.blog/product/g31000-risk-management-maturity-model/ The Global Institute for Risk Management Standards (G31000) has developed a Risk Management Maturity Model (RMM) for organizations that seek to improve the quality of decision making across all levels of the organization. RMM has been designed to closely align with the principles of ISO31000:2018 risk management standard. It provides guidelines, benchmarking and assessment criteria and can be used by the risk management function, the internal audit function, external consultants and the Board. The ISO 31000:2018 risk management standard identified a number of principles for effective risk management. They communicate the value and explain the intent and purpose of risk management. The G31000 Risk Management maturity model is structured around the ISO31000:2018 principles, framework and process. The G31000 Risk Management maturity model is designed to assist organizations on the road to embed risk management into all activities throughout the organization, including decision-making. It defines levels of maturity against which an organization can measure its current status and identify actions for continual improvement. The overall scoring system is based on a detailed questionnaire linked directly to identified sub-components for all the elements of the risk management framework and is mapped to a 3-level risk maturity scale. BUY MODEL: https://riskacademy.blog/product/g31000-risk-management-maturity-model/ Scope and application The G31000 Risk Management Maturity Model can be used by any public, private, governmental or community enterprise, association, group or individual. It can be used in a self-assessment or a detailed benchmarking activity by an independent assessor to determine the current state of risk management and assist in identifying key areas for improvement for progress to the next level of maturity. This model is not specific to any industry or sector and can be applied to any type of risk, whatever its nature and whether it would have positive or negative consequences, or a combination of both. The model can be applied throughout the life of an organization and to a wide range of activities within an organization. The G31000 Risk Management maturity model is not tied to any specific risk management legislation or jurisdiction, and can, therefore, be used throughout the world. G31000 Risk Maturity Model from The Global Institute for Risk Management Standards Methodology Assessing the progress of risk management and its integration into the organization is an important element of continual improvement. Stakeholders need to evaluate the effectiveness of how risk is being managed and measure progress towards the integration of the risk management principles, framework and processes into all business activities, including decision making. This evaluation should lead to the creation of plans to advance and evolve. As risk management is tailored to each organization, there is no single right approach to determine whether an organization’s risk management principles, framework and process are effective. However, benchmarking against the risk management principles and framework provided in ISO 31000:2018 can be used to measure progress and demonstrate evidence of risk management effectiveness. Seeking evidence of how an organization demonstrates that risk management framework is integrated into all activities and functions enables an assessment of the maturity of the organization’s risk management program. It is important that the evidence selected to demonstrate support is specific to the organization’s internal and external context. The review may be conducted by an individual or a team, through a compilation of individual interviews or surveys, or completed by a group of stakeholders in a workshop setting. The reviewers should base their decision on objective and unbiased evidence such as: an examination of any documents that describe how business activities or decision-making practices are performed; evidence and records that confirm that the risk management principles are applied as described in the written documents; interviews with relevant personnel which explore whether activities match the documented requirements, and whether there are any opportunities for improvement; and observations of the workplace to confirm that it is really happening.
Views: 330 RISK-ACADEMY
The U.S. FDA has stated that the use of a medical device or pharmaceutical entails some degree of risk. In fact, any medical procedure / intervention does. A manufacturer is responsible to identify those risks, and take reasonable steps to mitigate them as far as “practical” / possible, given the ‘state of the art’ at the time. Expectations for meaningful hazard analysis, hazardous conditions and the resulting product risk management documentation have always existed by regulatory agencies. There is an increased awareness of the importance of design activities to support the production of safe and effective product. Product risk management is a required tool to drive and direct resource constrained product design, manufacture and validation activities, as well as CAPA resolution actions, in the company. High-profile field problems indicate that such activities are not yet adequately planned, executed, and visibility maintained. There is a failure to fully utilize the power of current risk management tools. Effective use of such risk management tools can help address the growing push by the public and the FDA, to “toughen” its approach to product clearance and approval, while reducing liability issues. ISO 14971 and ICH Q9 provide accepted methodologies by which to perform and document such an analysis and is accepted by the FDA. The degree of risk can be a determinant on the level of failure investigation, validation effort, et al, required of those activities. The resulting documentation can also be used as a method to train new hires, especially in Marketing, QA/RA, Engineering, and Manufacturing. This webinar will address the procedures, provide and discuss suggested templates, necessary to develop or modify and then use the ISO 14971 and Q9 models to perform and document such activities for any medical product, and satisfy U.S. FDA cGMP and CE-marking / Notified Body expectations. It will examine the additional actions necessary to make it a useful product reference, CAPA, root cause / failure investigation, and validation prioritization, and training tool, and how to maintain it as a “living document”.
Views: 289 Compliance Trainings
Demo video in English of HOPEX Enterprise Risk Management MEGA Enterprise Risk Management helps you design and implement effective enterprise-wide approaches to risk management. **** More information: http://www.mega.com Follow us: - Twitter: http://www.twitter.com/mega_int - LinkedIn: http://www.linkedin.com/company/mega-...
Views: 281 MEGA International
This video covers capabilities of the Vendor Risk Management application, and shows you how to get started using the application. This video applies to UI16, the latest version of the user interface, in the London release. It may apply to future releases as well. UI16 is the default user interface for new instances, starting with the Geneva release. To get UI16 on upgraded instances, the UI16 plugin must be activated. Role required: Vendor Risk Manager (sn_risk.manager) For best video quality, increase your player resolution to 1080p. This video covers: (00:16) Vendor Risk Management Capabilities (03:45) Demo – Creating an automated submission rule (04:25) Demo – Using the Vendor Portal For more information on Vendor Risk Management, see: ServiceNow product documentation: Vendor Risk Management: https://docs.servicenow.com/bundle/london-governance-risk-compliance/page/product/grc-vendor-risk/reference/vendor-risk-mgmt-landing-page.html Create an automated risk assessment based on the assigned vendor tier: https://docs.servicenow.com/bundle/london-governance-risk-compliance/page/product/grc-vendor-risk/reference/manage-risk-tiering-assessments.html#create-tier-based-risk-submission Vendor Assessment Portal: https://docs.servicenow.com/bundle/london-governance-risk-compliance/page/product/grc-vendor-risk/concept/c_Issues.html#d5477e131 ServiceNow Training and Certification: http://www.servicenow.com/services/training-and-certification.html ServiceNow Community: https://community.servicenow.com/welcome ServiceNow TechBytes Podcast: https://community.servicenow.com/community/experts-corner/techbytes-podcasts For general information about ServiceNow, visit: http://www.servicenow.com/ Your feedback helps us serve you better. Did you find this video helpful? Leave us a comment to tell us why or why not.
Views: 1418 ServiceNow Support
It is generally considered a good idea to document an organisation’s attitude and commitment to risk management in a high-level document, such as a Risk Management Policy. The policy may describe the general attitude of the company towards risks, risk management principles, roles and responsibilities, risk management infrastructure as well as resources and processes dedicated to risk management. Section 5.2.1 of the ISO31000:2018 also provides guidance on risk management policy. An article published by Michael Rasmussen back in October 2010 ‘Enterprise Risk Management Policy Structure’ provides an outline of what should be included in a risk management policy and notes that the organisation’s policy should not be “boilerplate.” The policy should reflect the actual activities undertaken by the company and its attitude and approach to managing its material business risks. Risk management is useful document to communicate with external stakeholders such as banks, investors, auditors, regulators, key customers and suppliers. Download the full book for free: https://www.researchgate.net/publication/323254437_GUIDE_TO_EFFECTIVE_RISK_MANAGEMENT_30 Buy audiobook https://riskacademy.blog/product/audio-risk-management-book/ Buy Udemy course: https://www.udemy.com/course/1687492/ Other useful videos: • https://www.youtube.com/watch?v=UBXw0cEPpws • https://www.youtube.com/watch?v=8zrR8U0fpEA • https://www.youtube.com/watch?v=AOGrobGzeaQ At RISK-ACADEMY we have compiled free videos of lectures, seminars and interviews with Russian risk managers, as well as free templates and examples of the tools required for the implementation of elements of risk management in the organization of small and medium-sized businesses. OFFICIAL BLOG: www.riskacademy.wordpress.com -~-~~-~~~-~~-~- Please watch to find out more about risk management webinars we run every week: "RISK ACADEMY free webinars" https://www.youtube.com/watch?v=XRcvY7D_YQ0 -~-~~-~~~-~~-~-
Views: 213 RISK-ACADEMY
ISTQB Foundation (CTFL) Self-Study Training Course This sample video is an excerpt from the ISTQB training videos included with our ISTQB Foundation e-Learning Training Course. View our complete range of training products for Software Testers including; ISTQB Foundation, ISTQB Advanced, Mobile App Testing Associate, Mobile App Testing Professional and the Software Tester's Career Boost only at Testing4Success.com. Product Overview: Training Course 480 Practice Exam Questions Video Training Set (New for 2014) Personal Training Tutor Interactive Workshops (New for 2014) Testing Terms Challenge Interactive Cross-words Testing Skills Simulator Visual Mind-maps Software Testing Certificate Pre-exam Guide www.testing4success.com This video contains extracts from training material copyrighted by Testing4Success.com in addition to extracts from the ISTQB CTFL syllabus.
Views: 2259 Testing4Success
Product manager, Stephanie Jones, introduces Pentana Risk and gives a high-level overview of the product's features and capabilities. Request A Demonstration of Pentana Risk (https://www.ideagen.com/products/pentana-risk/request-a-demo)
Views: 76 Ideagen Plc
VIEW THE FULL PRESENTATION HERE http://grandview.rymatech.com/2007/110-risk-roi-and-real-options-in-one-page.html One ideal of product management is to manage a product or product line as an independent business, tracking expenses and revenue and deriving IRR or NPV. Product managers frequently struggle to achieve this ideal in complex, rapidly-changing corporate environments. However, for planning purposes, especially when considering multiple product investments, it is critical to understand the risk of potential investments in addition to their IRR or NPV. Furthermore, "real options" are frequently available to mitigate risk. These must be understood in the planning phase, and exercise of options must be tracked in order to ensure product success. We present a methodology for planning and tracking a product development effort. The primary tool for the methodology is a simple, one-page spreadsheet capturing actual and predicted expenses and revenues, from which IRR or NPV can be derived. Furthermore, the spreadsheet models uncertainty of predictions. By constructing the spreadsheet for a product development effort, real options are exposed. By maintaining the spreadsheet on an ongoing basis, the exercise of real options is tracked and the likelihood of product success or failure is clarified. The simplicity of the methodology ensures that * a product manager can independently stay up to date on the progress of a product development effort * anyone from line workers to corporate board members can easily understand the state of a product development effort * multiple product development efforts in various stages can be compared or aggregated into a portfolio * investment and divestment decisions can be made rationally and with complete information To demonstrate this methodology, we will construct and modify a spreadsheet for a commonly-understood project: the purchase, improvement, and sale of a home.
Views: 303 rymatech
This series of tutorial is will help individuals to prepare for ISTQB Foundation exam. This series consist of ISTQB Syllabus discussion, understanding, tips, tricks and time management about the exam by Neeraj Kumar Singh. Each session will be broken into simple topics and explained with help of supporting material. Upon completion of a topic a set of sample questions will be discussed to understand the pattern of the exam. This tutorial will drive individuals about the understanding on Topic 5.5 Risk and Testing from Chapter 5 Test Management in ISTQB Foundation. The topics covered in this tutorial are - What is Test Management, What is Test Planning, What is Test Control, What is Test Estimation, What is Risk, What is Product Risk, What is Project Risk, How to determine level of risk, What is Risk Based Testing, Official Website : www.istqb.org You can visit this official website of ISTQB for downloading the syllabus, sample paper, exam structure, etc. You can follow me at LinkedIn - https://www.linkedin.com/in/neeraj-kumar-singh-0643998/ Quora - https://www.quora.com/profile/Neeraj-Kumar-Singh-90
Views: 78 TM Square Technology Solutions
Risk and Compliance management has been an important task for every company, not least of all since GDPR has appeared as the top relevant compliance topic for companies in 2017/2018. Not being buried in an avalanche of compliance requirements forces companies to not separate their GRC activities. But rather to align and include them into their business processes. Efficiently managing GRC tasks is only possible when you are able to include the business subject matter experts, the line of business into your tasks. Thus, the central hub for these activities has to be the business processes. In this session, Georg Wilhelm, Director of ARIS Product Management at Software AG, will show you how ARIS can help you in documenting and executing your GRC activities. Find out how to dismantle the silos of business and risk management. For more information visit https://www.softwareag.com/corporate/products/aris_alfabet/grc/default.
Views: 901 SOFTWARE AG
Ace the Project Management Professional Certification Exam by training at http://www.projectmanagementstrategy.net/ Who Should Attend? • This course is designed towards Key Executives who are interested in integrating the knowledge gained with the business to improve product development. • It also provides the hands on managers such as Project Managers, Program Managers, PMO members who manage projects and processes for several projects. • The course also helps Software development engineers, Quality Assurance folks, and Product Management professionals who will do the hands-on work. • From a fundamental and conceptual standpoint the course is meant for anyone who wants to know how this technique really works. - See more at: http://www.projectmanagementstrategy.net/corporate-training-consulting/project-management-training/pmp-training#sthash.4k1Op52T.dpuf
Views: 12367 DrSam Swapn
To view this video in higher quality please visit http://www.alfabet.com/products/product_tour/risk_management
Views: 515 alfabet
Risk Management The importance of risk management is that you cannot manage what you do not measure. To prepare you for the risks you may encounter for your project. We run a risk management workshop to identify all of the project risks, understand the impact of the risks, quantify the risks giving you a contingency budget and put a mitigation plan together for your risks. The outcome of the risk management product will be a risk mitigations report which shows you the total amount of contingency you need for your project, it prioritises the risks in priority order so your project manager can work to mitigate the risks. The benefit of having a BusinessAdapts project risk management workshop is that it allows you to identify all of the project risks in a output driven workshop, we can provide you an accurate risk contingency value and mitigation plan for you project manager to work towards. Please contact us for a non obligation discussion. www.businessadapts.com
Views: 26 Business Adapts