Process safety is about understanding hazards and risk, managing risk by providing the appropriate layers of protection to reduce the frequency and severity of incidents, and learning from incidents ...

Purpose: The research purpose is to improve the management of occupational risks associated with hazards as well as the organization’s capabilities to identify hazardous factors (HFs) using the ...

Organizations participating in the Risk and Compliance Process (RCP) are required to respond to questions in specific areas of focus. Areas of focus represent management areas that are critical to ...

The author describes why statistical significance would impose an unreasonable burden on manufacturers. Validation has been practiced within the global healthcare industry since the early 1970s. While ...

The memorial for the Bhopal Gas Disaster is situated near the site of the Union Carbide Corp. factory, which on Dec. 2, 1984, was the site of a massive release of toxic chemicals, including methyl ...

According to the Institute of Internal Auditors of Spain, organisations require resilience and growth to navigate the crises that occur globally. It is in this context that risk management is born, ...

Presenting risk information clearly and meaningfully is a challenging but critical element of an organization’s risk management practice. A good risk statement should be concise and readily understood ...

To decrease the possibility of failure, medical device companies must employ critical thinking, risk process point analysis, and control measures. Walt Murray In the medical device industry, the life ...

Risk assessment is used as a vetting tool to determine areas of influence and uncertainty regarding key factors for critical responses. It helps biopharmaceutical companies build both product and ...

The global operational risk management consulting services in manufacturing market was valued at $17.3 billion in 2021, and is projected to reach $55.6 billion by 2031, growing at a CAGR of 12.7% from ...