How to identify risk significance in ISO 9001 Certification in Oman?

With the new version of the ISO 9001 Certification in Oman standard requirements for making a quality management system , the new concept of risk based thinking has carried with it some confusion on the best way to implement these new requirements. While a few companies were already utilizing a SWOT analysis (strength, weakness, opportunity, threat) on their business to enable them to identify risks, this procedure does not determine how to address these risks once they are known. So, how would you evaluate the significance of the risk once you know what it is? The significant of ISO 9001 Certification in South Africa in the QMS risk? The ISO 9001 Certification in South Africa standard requirements request that you to identify risks, plan your reaction, integrate it into the QMS and evaluate its adequacy. To ensure the effectiveness you need from your risk response, there is one step you will need to do as part of planning your reaction: identify how significant your risk i...