Risk Management

Why is identification of risks, by listing assets and their vulnerabilities, so important to the risk management process? Risk management is the process of identifying risk, as represented by vulnerabilities, to an organization’s information assets and infrastructure, and taking steps to reduce this risk to an acceptable level. Each of the three elements in the […]

Differences between management decisions problem and marketing research problem? The key to this answer lies in the actual difference between the meaning of the management and marketing positions. The former one deals with administrative questions as well as calling the shots regarding the company’s strategy, critical decisions, evaluating risks, while the latter researches the market, […]

Project risk management is aimed a avoiding bad surprises once we start executing the project plan. During the creation of the project plan, we identify risk, analyses them and plan our action to avoid the risk, transfer it or implement a contingency plan if the risk occurs. After we have planned our risk management process […]

Introduction OBJECTIVE Every medicinal product has its own risk-benefit ratio. The products, whose benefits to the patients overweigh its risk, are approved by the Competent Authorities (CA). The approved products do not mean that they have no side effects. Actually every medicinal product has some side-effects and it’s very important to identify the side-effects throughout […]