Successful risk management is essential to the design and development of safe and effective medical devices. Unfortunately, it is too often viewed by manufacturers as an isolated activity that must be ...

These definitions as written out by AAMI (The Association for the Advancement of Medical Instrumentation) offer clarity, helping designers recognize and address these risks effectively in product ...

Interconnectedness of medical devices can be a huge benefit to society. For instance, the MRI machine used to scan a patient’s back can instantly transmit the images to the practitioner in their ...

Editor’s note: This article is the first in a series to help practitioners learn about the AICPA’s new quality management standards and prepare to implement them. In June 2022, the AICPA’s Auditing ...

To continue reading this content, please enable JavaScript in your browser settings and refresh this page. In the construction industry, design-build (DB) ventures ...

Discover what the Professional Risk Manager (PRM) certification entails, including exams, career opportunities, and its importance in financial risk management.

Can you assess risk management without considering related internal controls? I don’t think so. The relationship between risk (what might happen to affect the achievement of objectives) and internal ...

Learn how insurance loss control uses risk management to minimize claims, reduce premiums, and ensure safety with practical strategies for policyholders.

Optimal risk management and reinsurance design constitute a pivotal nexus in the modern insurance landscape, integrating advanced mathematical models, economic equilibrium theories and practical ...

As the mortgage industry continues to evolve at breakneck speed, risk management has never been a more critical lynchpin in the lending ecosystem. At the vanguard stands Mortgage Connect Risk ...