Hi folks! If you are looking for Risk Analysis, then you are on the right platform. We will discuss here the Risks related to IATF16949 & ISO 9001 as well.
What is Risk – Effect of uncertainty on objectives.
Types of Risk – Any organization shall consider different types of risk.
Risk related to –
- External & Internal issue.
- Need & expectation of interested parties.
- Economic Risk
- Raw material scarcity risk
- Risk of damage & loss of asset
- Exchange rate fluctuation
- Business competition risk
- Intended result of QMS system.
5 Step of Risk Management Process.
Let us understand with one example. Future Coaching Centre is a start-up enterprise providing technical and non-technical courses on campus and online. It offers more than 100 advanced courses which provides deep insight to the trending technologies. FCC focuses on transforming online and on-campus learning through methodologies and experiences on an open-source platform.
FCC is based in Mumbai, Delhi, Hyderabad, Bangalore and Chennai. Mr. Nexon, former Director of NIIT, serves as the first CEO of FCC.
FCC help individuals to prepare for the path ahead — wherever it leads. Our curated collection of technical and non-technical courses helps individuals go further by placing learning at the center of their strategies. FCC offers following courses.
| Technical courses | Non- technical courses |
| Mechanical courses: AutoCAD, Catia V5, NX, Creo, Simulations, Piping and designs, 3D modelling. | Project Management, Communication development courses, Leadership skill development courses |
| IT courses: CCNA, CCNP, AWS, ITIL, Python, Microsoft Azure, Microsoft 365. | Investment banking, Business Strategy and Intrapreneurship |
| Electrical and electronics courses: Electronic and PCB design, Electric circuit design, Electrical Auto Cad. |
Quality Objectives
FCC is dedicated in providing its students with an education that combines rigorous academic study and the excitement of discovery with the support and intellectual stimulation of a campus and online community.
- Increase access to high-quality education for everyone.
- Enhance teaching and learning on campus and online
- Advance teaching and learning through real time projects.
- To provide an industry relevant advanced courses so that the students qualify for jobs in the best Companies of the World.
- To Inculcate ability and passion in the students to make them work efficiently.
- To Comply with the regulatory requirements and continually improve the effectiveness of the Quality Management System, review the Quality Policy and Objectives of the Institute for its continuing suitability.
Interested Parties
- Customers
- Suppliers
- Competitors
- Government & Non-Government Institutes
- Employees
- Shareholders/Owners
External and Internal Factors
- Customers (Students)
- Input / Suppliers
- Competitors
- Public Relation
- Marketing & Media
- Legal Policies
Impact Rating – ( 1 – 5 )
Probability Rating – ( 1 – 5 )