Risk Management expert R Malcolm Schwartz answered:
The first type, controlling processes—provide direction and define conformance and compliance, in regard to strategy, structure and process; examples include: plan, allocate resources, assess risk, manage risk, budget org …
Question:
You discussed the “why, what and how” of the risk manual that includes operational measures for risk – accuracy, completeness, compliance, and timeliness. Can these be related to monetary measure and can you provide an example?
Answer:
…Quality Assurance and Regulatory Affairs expert John E. Lincoln answered: Notification of changes for manufacturing material would be important if the product acted upon by the manufacturing material is critical or the manufacturing material itself has the potential to cause prob …
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