Risk management is an iterative and continuous process. Successful risk strategy includes a way to identify, evaluate and establish measures throughout the product lifecycle and to prevent or reduce hazards during R&D. It is a global requirement with differing specifications for risk compliance based on geography. There are both top and bottom down approaches to risk analysis and assessing risk acceptability. Establishing a strong risk-benefit analysis, plan and report will lead to compliance in global markets.
Learning Objectives:
Best practices for hazard evaluation
Top down and Bottom Up approaches to Risk Analysis as part of the Risk-Benefit Analysis and Report
