Glossary
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Regulatory & Compliance Software
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See GRC Software.
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Regulatory Compliance
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Conforming to prescribed standards, regulations and specifications.
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Reliability
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(1)A measurement that indicates the degree to which the measure is consistent.
(2) The prospect that a product - or part - will effectively perform its purpose within a specific period of time and under a specific set of conditions.
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Repeatability
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Variations that result from multiple measurements taken under the same conditions.
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Reproducibility
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When repeated measurements of a variable conducted under the same operating conditions over a period of time, or by different people yield close results.
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Responsible Care
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A global, voluntary initiative within the chemical industry. They work with companies and stakeholders to improve the safety, health and environmental performance of their products and processes.
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Return Material Authorization (RMA)
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Action taken by the recipient of a defective product to return the product and arrange for the manufacturer to replace or repair the defect.
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Risk Assessment Software
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See GRC Software.
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Risk Compliance Software
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See GRC Software.
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Risk Management
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Reducing different risks related to numerous types of threats caused by environment, technology, humans, organizations and politics.
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Risk Management Software Packages
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See GRC Software.
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Risk Management Software Solutions
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See GRC Software.
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Risk Management Tools
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See GRC Software.
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Risk Measurement Solvency ii
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See Solvency 2.
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Root Cause
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The identified cause of a defect. Once the cause is eliminated, reoccurrence will be prevented.
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