Risk management principles are effectively utilized in several management system standards. The inclusion of risk management in the latest version of ISO 9001:2015 has increased the demand for the program in evaluation the risk for Quality Management System (QMS).
SWOT Analysis is a systematic process for the assessment, control, communication and review of risks to the quality of product across the product life-cycle.
The template outlined in the diagram through SWOT-PESTLE+C approach to emphasis on each component of the framework might differ from case to case but a robust process will incorporate consideration of all the elements at a level of detail that is commensurate with the specific risk. |