Research personnel must perform a process risk assessment for all processes that utilize hazardous materials. The assessment is utilized to determine the level of risk associated with a specific ...

Process safety is about understanding hazards and risk, managing risk by providing the appropriate layers of protection to reduce the frequency and severity of incidents, and learning from incidents ...

Let's start this article by being honest with ourselves and ask the question "When do you take action with loss control issues?" When I have asked this question, the typical answer was "when an ...

IEC 60601 is no longer a standard of absolutes. The third edition allows, and in some instances requires, safety features and test requirements to be modified on the basis of risk management. By ...

Environmental contamination control is a crucial aspect of sterile pharmaceutical manufacturing, and risk management is needed to guarantee that the necessary control procedures are in place. The risk ...

NEW YORK — August 11, 2020 — Wayne Penello, President and founder of Risked Revenue Energy Associates (R^2), and R^2 Managing Director Andrew Furman, today announced the publication of Risk Is an ...

As a business owner, it is essential to understand the risks associated with your operations and how to manage them effectively. Risk management is necessary for long-term business success and ...

Risk-free business ventures do not exist. Projects can fail, clients can default and workplaces entail physical danger, to name just a few potential problems small business owners face. A balanced ...

ISO 14971 provides a framework for medical device manufacturers to identify and minimize risks through the design and manufacturing processes. Adhering to the standard helps ensure overall safety and ...

Will Kenton is an expert on the economy and investing laws and regulations. He previously held senior editorial roles at Investopedia and Kapitall Wire and holds a MA in Economics from The New School ...