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FAE: Risk & Opportunity Analysis - A Simple Tool

Course Code: W22FAER01

The newest versions of ISO and IATF management standards have been aligned to follow similar formats, and one common denominator is risk and opportunity analysis. As such, all quality, environmental, and health & safety management standards now require a process/method for risk and opportunity analysis. During his presentation, Steve Domalik, Quality Manager at Acme Alliance, will discuss a simple tool that can be customized to meet the unique requirements of your company, and help you successfully answer "How much risk is acceptable?" and "What opportunity do I have to reduce the unacceptable risk?" - two questions that all top managers, value stream facilitators, quality engineers, and team leads are required to address due to the new standards. Steve will also offer several examples of real-life applications and address any questions attendees have as the presentation draws to a close.

Approx. Run time: 61:42 minutes

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