A Risk Based Thinking Model for ISO 9001:2015
Risk can be defined by two (2) parameters Severity "This is the Seriousness of the harm Probability "This is the Probability that the harm will occur ©2014 QSG, Inc. Risk Assessment - Quantitative January 15, 2015 17 ©2014 QSG, Inc. Risk Acceptable Regions January 15, 2015 18 Generally Acceptable Generally
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