Risk Management & Bow Tie Methodology
Be Audit-Ready With Proactive Risk Management
Managing risk is a critical part of your data management plan, which is at the forefront of how our team manages your project. We have safeguards in place for how we validate the program and how we perform user acceptance testing, for example, and we document extensively so that you can be confident we follow SOPs 100% of the time. Audit-ready at any moment, we confidently welcome database audits because we know your data is consistent, accurate and protected.
Like many other teams at Pharm-Olam, one of the tools our data management team uses to manage risk is the bowtie method, a visual communication tool that identifies potential risks, their associated consequences and the controls that must be in place to manage that risk. Besides the obvious benefit of managing your risk, you are able to transparently see how our data management team is planning proactively for risks associated with your particular product. Moreover, you gain additional confidence in your data integrity.