When Failure to Comply Is Not an Option

Abstract:For many organizations, compliance with regulations or standards is not optional, and any change made to those regulations must be enacted in a timely manner. This can cause stress and lost revenue for organizations when changes do occur in regulations, especially if an organization did not have a plan in place to manage change. Risk assessment is vital to change management and will help an organization anticipate and plan for a variety of changes to a regulation. Process decision program charts also help to identify possible risks and solutions to those …

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