"Product and Business Practices Risk" Module is part of the "Certified Chief Risk Officer (C-CRO)" and the " Certified Operational Risk Officer (C-ORO)" training programs.
"Product and Business Practices Risk" Module is part of the "Certified Chief Risk Officer (C-CRO)" and the " Certified Operational Risk Officer (C-ORO)" training programs.
Product life cycle and risks
When a product fails
General principles of modelling failure and impact recognition
Distinction between normal wear and failure
The safe and unsafe failure of a product
Examples and comprehension quizzes
Techniques for identifying and assessing the risks of product failure
Introduction to product safety systems – System structure & benefits of adopting them
Techniques for dealing with risks of product failure
Examples & comprehension quizzes
Principles of tracing, monitoring and control of product safety
Modern concepts & product monitoring technologies
The role of the decentralized ledger as a tool Tracking
Product forensics failure testing techniques
Management of incidents of product failure (crises) – its importance Preparation
Benefits of product safety practices in design, development and their life cycle
Examples & comprehension quizzes
Basic principles of product insurability
Introduction to product liability and recall insurance
Management of insurance claims related to products
Examples & comprehension quizzes
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