Risk Management process:

1. Identify and eliminate concerns early in the development of a process or design

2. Predict the likely effects for product performance

3. Identify critical steps/processes

4. Identify high risk areas

5. Prioritize risk

6. Prioritize remediation actions/solutions to maximize impact

7. Provide a methodology that facilitates process improvement

8. Prevent or minimize product manufacturing related quality issues

9. Improves internal and external customer satisfaction