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ISO 9001:2015 Implementing Risk Based Thinking Denis J. DeVos P. Eng Advisor DeVos Associates Inc. (519) 4768951 Denis DevosAssociates.com www.DevosAssociates.com 25th Annual ASQ Audit Division Conference:
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What is risk based thinking?
Risk based thinking is a systematic process for managing risks that involves identifying, assessing, and prioritizing risks in order to make informed decisions and take appropriate actions.
Who is required to file risk based thinking?
Any organization that wants to effectively manage risks and improve its decision-making processes should implement risk based thinking.
How to fill out risk based thinking?
To fill out risk based thinking, organizations can use tools such as risk assessment matrices, risk registers, and risk mitigation plans to identify, assess, and manage risks.
What is the purpose of risk based thinking?
The purpose of risk based thinking is to proactively identify and address potential risks in order to prevent or reduce negative impacts on the organization's objectives and performance.
What information must be reported on risk based thinking?
Information that must be reported on risk based thinking includes identified risks, their potential impacts, risk mitigation strategies, and monitoring and review processes.
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