Abstract: Timothy Lozier, product strategy manager at EtQ Inc, shares how to measure compliance in the complex environment of business today, how risk as a tool and methodology can drive new ways of looking at compliance and discusses the relationship between risk management and risk assessment, and new research behind quality and risk within various industries.
Keywords: Risk assessment - Evaluating risk - Risk management tools - Terminology - Compliance standards - Risk matrix - HACCP - Failure modes and effects analysis (FMEA) - Decision tree - Bowtie model
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