Research and Development Laboratory Operations: Risk and Control Matrix (Excel)
60 controls (44 key) for 14 objectives and 18 risks, each with walkthrough questions, evidence to ask for and test steps.
Risk Control Matrix · editable Excel · 3 sheets · ₹149 / $1.49 · lifetime access, up to 5 downloads
This matrix covers the operations of a research and development laboratory: SOPs and their review, risk assessment, manpower and project cost planning, confidentiality of formulations and laboratory notebooks, transfer of formulations (recipes) to production, cost-reduction projects, product and shade development requests, royalty-bearing products, laboratory instruments (register, maintenance contracts, calibration, movements, verification and history), research records and backups, technical analysis of customer complaints, consumables and samples, scrap, budgeting and capital/revenue classification, and laboratory security and safety. For every control you see what good looks like, whether it is preventive or detective, manual or automated, how often it runs and whether it is a key control, plus the walkthrough questions, evidence to request and steps to test it. Record what you find, the control owner and any gap in the same sheet: the Summary sheet counts effective, partly effective and ineffective controls by objective as you go. Written so that an auditor new to the process can use it, and detailed enough for experienced reviewers. Editable Excel.
What's inside
- Read Me: how the matrix is laid out and how to use it in an audit
- Risk-Control Matrix: 14 objectives, 18 risks and 60 controls (44 key)
- Each control: type, nature, frequency, key or supporting, and how to evaluate it
- Columns for your response, evidence seen, control owner and gap / action
- Summary sheet: results by objective, updated automatically
Topics: Research and Development
Learn it on video
- COSO Principles 6-7 Explained: Clear Objectives and Identifying Risks (9 min)
- Physical vs Logical and Independent vs Compensating Controls: Know the Difference (9 min)
- How to Link Risks to Controls: The Risk and Control Matrix (RCM) (12 min)
- How to Describe Controls in the RCM: Method, Type, Frequency and Test Procedure (8 min)
- How to Test Controls (2): Test of Operating Effectiveness (7 min)
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