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Comparing Risk and Quality Management

With countless years in existence, many top businessmen and companies have brought their own takes on what it means for a product to have cutting edge quality, making some believe that quality is having no defects, being secure and reliable and can sufficiently provide top satisfaction to users with its ultimate intuitive usage.

Out of all the people who brought meaning to quality, there are those which topped others especially the one from the International Organization for Standardization itself which referred to quality as an innate characteristic of a product or a service which allows it to perform the purpose or the requirements which was set for it.

There’s also a site out there which specifically refers to quality as achieving uniformity or consistency in a production, creating an efficient system that will produce service and products that are not far apart from each other when it comes to outcome and satisfaction.
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Different industry calls for different Quality management standards especially when it comes to product and services but when it comes to software development, there are 5 characteristics that makes up great quality.
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Looking at the characteristics of quality for software development, you can also identify the risks of a certain project by looking at this characteristics as a possible source of trouble, making it easy just how close risk and quality are in the industry.

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.

Looking back into quality management, it can finally be said that it involves two main procedures and three characteristics to meet: design and execution; and making sure that a product is economically advantageous or feasible, has efficient procedure to achieve goal with limited usage of resources; and can meet its purpose and satisfy users.

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.