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The Paradigm 3 Risk Management methodology provides a solution for measuring and assessing risk by allowing calculated fields with association
formulas to be placed within any record in the Resources Cabinet or Improvement Generator.
This outstanding capability allows companies to assess risk on an incident-by-incident basis, whether it is quality, safety, environmental, or general business.
Not only does this powerful module calculate the risk of an occurrence, it also automatically sends notifications to authorized personnel of calculated risks that have
reached a pre-determined benchmark. This ensures immediate response to critical issues.
The Paradigm 3 Risk Management module offers the following features and benefits:
- Fully customizable forms to suit customer specifications
- Instant risk assessment on predetermined aspects of an issue
- Sequential e-mail notifications to personnel of required actions
- Immediate notification should risk assessment show a critical level
- Optional escalation of required actions should the due date be passed
- User-friendly interface
- Customizable reporting for results of cumulative reviews
- Risk assessments prior to and following investigation and implementation of required actions
- Scheduled re-assessment of critical issues
- Detailed search facility
- Available to designated personnel enterprise-wide
Paradigm 3 Risk Management is a tailored solution that identifies, measures and assesses risks. As a result, it effectively strengthens risk management practices with your company.
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