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2014

Risk Management

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Full-Text Articles in Engineering

Implementation Of Stature Risk Management Tool In Company Xyz, Abc Business, Peter Halter Jul 2014

Implementation Of Stature Risk Management Tool In Company Xyz, Abc Business, Peter Halter

Culminating Projects in Mechanical and Manufacturing Engineering

The ABC business unit within our corporation has no single, easy to use, risk management software platform. This has caused discrepancies between and within risk assessments and delays in regulatory approvals due to changes being requested by the notified bodies. It also led to numerous document formats existing in our Product Data Management system for the same types of documents. This costs the company time and money and was a burden on those responsible for creating and managing these assessments. The objective of this project was to implement a single risk management tool within the ABC business that would mitigate …