The importance of risk analysis techniques and quality assurance


Academic Paper, 2018

8 Pages, Grade: 1.0


Abstract or Introduction

The author gives an example of a quality assurance and control plan and a risk matrix, which includes the risks, probability and importance of the risks and the action plan as well as the person responsible for the risks.

There are a number of risk analysis techniques. Brainstorming is primarily used in the project planning stage to identify as well as postulate the various risk scenarios. It helps project teams to creatively think as a group by building on various ideas. SWOT analysis is another framework of risk analysis that can be applied in a project as a means of assessing the external and internal influence that can have an impact on the project. The influences can either be positive or negative. Root cause analysis (RCA) is a method applied in analysing the adverse and serious events through the identification of problems that increase the likelihood of errors without focusing on individuals’ mistakes.

Details

Title
The importance of risk analysis techniques and quality assurance
College
University of South Australia  (McGill)
Course
Business Managament
Grade
1.0
Author
Year
2018
Pages
8
Catalog Number
V492966
ISBN (eBook)
9783346016843
ISBN (Book)
9783346016850
Language
English
Keywords
Risk management, Quality Assurance, Quality Control
Quote paper
David Onditi (Author), 2018, The importance of risk analysis techniques and quality assurance, Munich, GRIN Verlag, https://www.grin.com/document/492966

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