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Quality Insider

Complimentary Webinar: Managing Your Risk Has Its Rewards

How quantitative risk assessment is applied to your quality management system

Published: Tuesday, June 1, 2010 - 13:16

(EtQ: Famingdale, NY) -- EtQ announces that its chief executive officer, Glenn McCarty, will be presenting a free, one-hour webinar, “Managing Your Risk Has Its Rewards: How Quantitative Risk Assessment Is Applied to Your Quality Management System,” on June 9 at 1 p.m. EDT.

This webinar will look into the different methodologies for implementing risk-based quality technologies. It will describe some leading trends in the industry regarding risk assessment and risk mitigation, and show some examples of how other companies are utilizing risk assessment in their compliance initiatives today.

“The ability to control and correct processes in today’s quality systems is key to maintaining the highest level of compliance within the organization,” says McCarty. “Oftentimes a subjective determination is used to determine the impact of events, which relies on individuals themselves to make the decision as to whether or not an event is critical. However, to effectively measure impact, it is necessary to use an objective approach. This is made possible with risk management tools such as risk assessment and risk mitigation. Risk assessment calculates the risk of quality events at each step in a process, which effectively improves overall quality and reduces the recurrence of critical events. Additionally, each risk assessment event incorporates risk mitigation tracking to ensure that corrective and preventive actions [CAPAs] reduce risks to appropriate levels. This webinar will give attendees a better understanding of the benefits of using these tools.”

For more information or to register, visit EtQ on the web at www.etq.com/webinar.


About The Author

ETQ LLC’s picture


ETQ LLC is a software innovator and the first company to provide a flexible application development technology for creating and accessing custom vertical industry applications for use with a web-browser client. ETQ is the leading enterprise quality and compliance management software for identifying, mitigating, and preventing high-risk events through integration, automation, and collaboration.