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ISO 9001:2015 How to apply Risk based Thinking to Quality ProcessesTitleVI404842TMVersion Author Issue Date1 Michael Though 05 Aug 2015Page 1ISO 9001:2015 How to apply Risk based Thinking to Quality
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How to fill out apply risk-based thinking:

01
Conduct a thorough assessment of potential risks: Analyze the possible risks that may arise in your specific situation or task. Identify the likelihood of each risk occurring and the potential impact it could have.
02
Prioritize risks: Once you have identified the risks, prioritize them based on their potential severity and the likelihood of them actually occurring. This will help you focus on the most critical risks.
03
Develop risk mitigation strategies: Create a plan to mitigate the identified risks. This may involve implementing safeguards, preventive measures, or alternative approaches to minimize the impact of the risks.
04
Monitor and review: Continuously monitor the identified risks and review the effectiveness of the risk mitigation strategies. Regularly assess if there are any new risks that may emerge and adapt your approach accordingly.
05
Document and communicate: Document the entire risk management process, including the identified risks, mitigation strategies, and any changes made. Ensure that this information is effectively communicated to all relevant stakeholders.

Who needs to apply risk-based thinking?

01
Organizations: Risk-based thinking is crucial for any organization, regardless of its size or industry. It helps identify and address potential risks that may impact the achievement of organizational objectives.
02
Project Managers: Project managers need to apply risk-based thinking to identify potential risks and develop mitigation strategies. This ensures that projects are completed successfully, within budget and time constraints.
03
Decision-Makers: Individuals involved in decision-making processes should adopt risk-based thinking to make informed and proactive decisions. Considering potential risks helps avoid potential negative consequences and promotes strategic decision-making.
04
Quality Managers: Quality managers can use risk-based thinking to identify potential risks to product or service quality. This allows for the implementation of measures to minimize quality-related risks and enhance customer satisfaction.
05
Individuals: Even in personal and everyday life situations, applying risk-based thinking can help in making more informed choices. Assessing risks and taking appropriate steps to mitigate them can lead to better outcomes and greater overall satisfaction.
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Apply risk-based thinking involves evaluating and addressing potential risks that could impact the achievement of objectives or the success of a project.
All individuals and organizations involved in decision-making processes or project management are required to apply risk-based thinking.
To fill out apply risk-based thinking, you need to identify potential risks, assess their likelihood and impact, develop risk mitigation strategies, and monitor and review the effectiveness of these strategies.
The purpose of apply risk-based thinking is to proactively identify and address potential risks in order to minimize their impact on project outcomes.
Information such as identified risks, risk assessment criteria, risk mitigation strategies, and monitoring plans must be reported on apply risk-based thinking.
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