Risk management techniques

The use of risk management techniques in identifying product requirements, establishing processes and process control and monitoring methods, evaluating quality data, identifying appropriate corrective and preventive actions to address quality problems, and for other quality-related activities can increase the overall efficiency and effectiveness of the quality system. 

If a pharmacy organization does not want to develop its own CQI plan, help is available. Pharmacy Quality Commitment (PQC) has developed the Sentinel System for community pharmacies. This system, which incorporates best practices, risk-management techniques, and systematic procedures to increase quality, is ready to use and is available from the National... 

Discuss how risk management techniques can be used to manage emerging risks that may pose a threat to community pharmacy practice. 

The Society for Risk Analysis (SRA) was established in 1981 as a nonprofit organization to foster and promote (1) knowledge and understanding of risk analysis techniques and their applications (2) communication and interaction among individuals engaged in risk analysis (3) application of risk analysis and risk management techniques to the hazards and risks to which individuals and populations are exposed (4) dissemination of risk analysis information and concepts to all interested individuals (5) advancement of the state-of-the-art techniques in all aspects of risk analysis and (6) integration and interaction of the various disciplines involved in risk analysis. 

As all materials are toxic to some organisms under some exposure conditions, there is no "safe material" in the purest sense, there are only "safe handling" or "acceptable handling" procedures, or risk management techniques. This is particularly true for pesticides. 

The third phase of the program is more concerned with the economic benefits to be obtained from implementing risk management techniques. 

Chapter 10 Risk management techniques and practices (L. Bamber) 159... 

How successful these new risk management techniques are is the subject of a critical literature. The trend to the greater quantification of risk, for example, is hotly debated. The mathematical basis of the quantified risk assessments (QRAs) is disputed, especially where there are small numbers involved or where there are no reliable data to work from (Cohen, 1996 Toft, 1996). The interpretation of the data may prove difficult in a variety of ways. For example, the causes of a risk may not be clear, and even where they are clear the decision about what is an acceptable risk needs to be taken and that is essentially a political decision. Indeed some claim that the procedures themselves are value laden (Hood and Jones, 1996). A more extreme position negates the whole attempt to produce an objective measure of risk, arguing that all assessments are inherently subjective (Slovic, 1992). Difficulties with these measures and approaches were recognized by industry representatives and regulators alike. One of the... 

Despite these very real problems with the new risk management techniques, their symbolism is not wasted on either the industry or the regulator. They both understand that it is one way of publicly demonstrating that they are addressing risk (Clarke, 1999 Hood and Jones, 1996 86), and this is felt hy both to be especially important given that the railway industry is much more in the public view than many other industries and this may well affect public perceptions of risk. But at the same time that more systematic approaches to... 

Unease with the risk management techniques used by the railway industry were apparent in the Southall and Ladbroke Grove inquiries. The Southall Inquiry is blunt in its criticism risk assessment procedures have been shown to produce variable results, which are seldom rigorous and sometimes questionable. No primary or secondary paper-based system is a substitute for common sense and commitment to the job (Uff 2000 208). The evidence given by the Director of HSE to the Ladbroke Grove Inquiry concentrates more specifically on problems in the methods and perspectives used ... 

Hazard analysis aetivities have been performed for some time by the Trust. The added value of reeent improvements has been to provide a formal framework and associated methods into which they fit as a major component. The analyses were founded on traditional risk management techniques. These have been reviewed and developed, resulting in a similar format for the records produced. Improvements have been made by using a team rather than an individual for carrying out the analysis. The use of a set of guide words has helped to enable a consistent approach to the examination of design representations of the system under review. The technique was heavily based on the HAZOP method advocated in Def Stan 00-58 (MoD 1986) in this, it evolved into a similar form to that promoted as SHARD (Pumfrey 1999). 

V. Asar, Hazard Assessment and Risk Management Techniques for Industries, Disaster Prevention and Management Center GIDC India. 

N. A. Siddiqui, A. Nanadan, N. Sharma, A. Srivastava, Risk management techniques HAZOP... 

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