Risk Assessment Module

Assess to Risk Assessments

What are the possible threats (or enhancements) to our success?

What are the chances they will be realized, and what will they do to us if realized?

Which are priorities and require action?

What are the actions or treatments to minimize the impact?


Do we have adequate resources?


Are the actions working, and what do we do if they’re not?


Main Menu > Browse Logs > Risk Assessment Table




The QMSCAPA Risk Assessment (RA) module consist of:


1) Table of Risk Assessments (current and historical assessments)

2) A sub-table of specific aspects of the risk assessments

3) A look-up table of the risk impact values with regard to the

a.Probability (P)

b.Severity (S)

c.Detection (D)

4)Five user-defined boundaries, e.g. Very Low, Low, Medium, High, Very High.


The impact values are used to calculate the Risk Priority Number (RPN) for each aspect.


RPN = (P * S * D)


The module is developed around the concepts typically found in a Failure Mode Effects Analysis (FMEA), which can be applied many types of risk assessments, including risk and opportunities from:


1)Internal and external issues

2)Relevant Interested Parties


4)Operation Risk

5)Supply chain risk



See the Terminology used in Risk Assessments.

ISO Internal Auditor Training Course

Online Internal Auditor Training Course ISO Management Systems

Click here for Details


+1 800 644 2056



Published by ABCI Software Solutions | ABC ISO Consultants

Online & Onsite ISO Auditor and Awareness Training | ISO Certification Services | ISO Resources

Copyright © Access Business Communications, Inc.