Is Risk Management at “Risk”?

Risk Management has become a very “risky” business. It is more of a hype than a serious endevor that is leveraged to make a process more robust. Typically more hours have been spent talking and writing about risks than doing something meaningful with it. In my opinion, more often than not risk assessments are just a paper exercise that is done to place a “checkmark” in order to keep QA happy.

The question is why is the state of risk management at the brink of absolute failure? Risk Management is not thoroughly understood and very rarely it is incorporated into the life cycle to make the design robust and validation testing more thorough. More importantly there are not good tools that enable teams to create and manage risks at ease while providing the dashboards and KPIs at their fingertips.

Introducing ContinuousRM, a comprehensive process that entails ongoing identification, assessment, and mitigation of risks. ContinuousRM lets organizations proactively identify and manage risks.

Key Features: ContinuousRM

ContinuousRM can effectively manage risks by leveraging the following features:

1. Manage risk in customizable risk table view.

2. Manage risk in any project.

3. Custom risk models (Matrices and RPN Scores).

4. Identify, mitigate, verify and trace risks.

==**==For more details about ContinuousRM: https://continuoustv.beehiiv.com/p/013-can-rm

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This episode

• Emphasizes the importance of adhering to GxP (Good Automated Manufacturing Practice) standards in software development.
• Highlights common pitfalls in implementing coding standards to ensure compliance and best practices.
• Introduces AI as a powerful tool to enhance compliance and efficiency in coding.\

It discusses the features of CodiumAI that helps coding teams comply with GxP while increasing their efficiencies. Such features include:

1. Data Security
2. Code Integrity
3. Commenting Standards
4. Code Traceability
5. Code Dependency Diagrams
6. Change Impact Analysis
7. Unit Testing
8. Code Analysis
9. Code Reviews

A tool like CodiumAI significantly improves software development efficiency and compliance with corporate and GxP standards.

It enhances code reviews, analysis, traceability, unit testing, and more, making it an invaluable tool for developers.

By adopting AI tools like CodiumAI, developers can ensure consistent adherence to coding standards, improve code quality, and maintain regulatory compliance efficiently.

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In this episode, xLM's ContinuousSM (Service Management) offering is discussed.

Host: Nagesh Nama, CEO, xLM Guests: Chaitanya Vaidya

• In this episode, Nagesh Nama and Chaitanya Vaidya discuss the key features of ContinuousSM (Service Management). They provide micro demos of various functionalities, including Audit Trail, Portal, Workflow Designer, Asset Management, Reports, Change Management, and Automation.
• They highlight the ease of use and customization options available in ContinuousSM, as well as its integration with Power BI and AI capabilities.

Takeaways

1. Continuous SM is a feature-rich platform for service management.
2. The platform offers functionalities like Audit Trail, Portal, Workflow Designer, Asset Management, Reports, Change Management, and Automation.
3. ContinuousSM allows for customization and integration with external applications.
4. Power BI integration enables the creation of comprehensive dashboards and reports.
5. AI capabilities assist in automating processes and creating rules.

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ContinuousSM is built-on Atlassian products and marketplace apps. xLM, LLC incorportes best practices, automation and configuration settings to make it GxP / 21 Part 11 compliant. xLM LLC delivers ContinuousSM as a continuously validated app to its customers.