In: Economics
Program for risk management starts with identification of
possible riskwhich are associated with the drugs or the process of
manufacturing of drugs and its distribution. An effective process
of quality management of risk insurance that a high or better
quality of drugs to all the patients. the farmer articles
corporation uses to approach for the management of risk. they are
proactive approach and the reactive approach. the basic tools for
risk management in the pharmaceutical industry include:
1) failure mode of effects analysis.
2) failure mode effects and criticality Analysis
3) fault tree analysis
4) hazard analysis and critical control points.
5) hazard operability analysis.
6) preliminary hazard analysis.
the risk management process includes some steps in the
pharmaceutical industry. They are:
1) high risk area or process are selected.
2) an assessment team is formed.
3) the process is diagramatized for solid understanding.
4) potential modes for failure are identified.
5) modes for failure and its causes are assessed.
6) critical modes for failure are assessed.
7) the process is redesigned.