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Posts Tagged ‘mitigating risk’

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Project Risk Management – Performing a Project Premortem

A powerful, forward-thinking exercise used in project risk management, the project premortem exercise preemptively addresses risks, and helps prevent costly disasters. It ensures that your project stays on track and minimizes the chances of failure. During a premortem the project team collectively imagines that the project has already failed. Instead of waiting for actual failure, […]

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Diamond Timeless Watch – Project without risk

 Diamond watch:   “Wow, that is a stunning piece of the watch,” says Mr.X “Thank you, Sir. It costs around a few hundred thousand dollars” replies Mr.Y “Oh, that is a lot of money. Can you please tell me the time?” Mr.X requested “Um, It doesn’t work but I like the diamonds on the watch” […]

Four Steps To Assess And Mitigate Risk With Regulated IT Systems

Over the past several weeks, I’ve published a series of posts that talk about how to assess and mitigate risk with your regulated IT systems. The FDA recommends using a risk-based approach to accomplish this feat, and we agree, so we laid out a four-part approach for you: Assess a system for its regulated status […]

How To Mitigate Risk When Changing A Regulated System

A few weeks back, I described how to determine the risk level of a proposed change to a regulated IT system. I also talked about how the system risk level (SRL) and change risk level (CRL) work together to determine the level of rigor required to implement a proposed change without disrupting its validated state. […]

How To Determine The Risk Level Of A Regulated IT System

In the previous post in this series, I discussed the process you can use to determine whether a particular IT system is regulated. That post described the first part of a four-part approach to assessing and mitigating risk with regulated IT systems. Today’s post will cover the second part – what to do once you […]

How To Assess And Mitigate Risk With Your Regulated IT Systems

In the life sciences industry, many of the software systems we use must comply with federal regulations. The purpose of these regulations, such as U.S. FDA 21 CFR Part 11, is to ensure that the data being housed and produced by these software systems is accurate and trustworthy. When the FDA first introduced 21 CFR […]