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Comparing Risk and Quality Management

Throughout various decades of different companies, quality has always been aimed to make sure that a product or service comes with the reliability, security, absence of defects along with capability to make sure that it is fit for the use of the intended users while providing supreme satisfaction.

The highly revered ISO or the International Organization for Standardization, have also made sure to contribute their own take on what quality means, falling into a somewhat familiar territory which basically revolves on the characteristics of one product or service which checks out the requirements or purpose which it was developed for.

Another famous term for quality which makes it so important to make sure that quality management is observed, is to reach a uniform production of products and service, to make sure that the satisfaction and results which they provide comes with superb consistency all throughout the procedures.
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Looking into a more specific industry, quality management can also be vastly different when it comes to software development as you seek more specific characteristics which includes reliability, security, size, efficiency and even maintability.
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Risk and Quality are closer than you think and this is because each characteristic for quality you’re looking for to achieve satisfaction of customers can also become the risks that you need to check countless times.

In light to this facts presented, it is easy to see that risk management is basically just like quality which is used to achieve results but they differ in terms of approach as risk management sees things in its own perspective – seeing potential problems and addressing them to achieve quality.

The innate Quality management can be compressed into the two most important procedure which includes the design and execution but, in achieving the quality, the result must be able to meet three characteristics which pertains to its maintainability and satisfactory profit, an efficient usage of resources, and an effective capability which lets it meet what it was specifically designed for.

On the other hand, you’ll achieve supreme risk management if you prioritize addressing the problems and risks involve in achieving a specific goal and ensuring yourself and the company that you’ll be able to get rid of these risks in order to achieve what the company is vying for.

If a business is like a road towards the success of a business or a company, then Risk and Quality management are both vital tools or procedures that will help them reach the end of the road, with the former’s capability to rid problems and the latter’s focus on what to achieve at the end of the line.