What are the advantages and benefits of quality risk management (QRM)?

The effort required for the introduction and implementation of QRM is compensated in the long run by many advantages. These include, above all, scientifically based decision-making, which is of decisive importance for numerous processes. This is linked to the focusing of resources on critical aspects, the avoidance of errors, and thus ultimately a reduction in costs. At the same time, transparency and communication are improved.

[GMP Compliance Adviser, Chapter 19.B]