Identification Of 2C’s In Risk Management

2C stand for Correct and Complete To perform effective risk analysis these 2C’s should be used extensively in the initial phases of risk identification. 2C for Success of Risk Analysis While [...]

Failure Mode Effect Analysis Vs Fault Tree Analysis For Risk Management

Risk Management using Failure Mode and Effect Analysis Vs Fault Tree Analysis Both Failure Mode and Effects Analysis (FMEA) and Fault Tree Analysis are used to identify potential risks in the [...]

Relationship Between Risk Management And Lean Six Sigma

Risk Management: Risk management is defined as a process of identification, evaluation and effective management of risks associated with a process or a product. Appropriate risk management [...]