QRM is a systematic process that facilitates communication and transparency between industry and regulators. It helps move organizations from a reactive "fire fighting" approach to a proactive risk management approach. The level of effort for QRM should be based on the level of risk, and always link back to protecting patient safety. QRM considers various tools and methodologies, both qualitative and quantitative, to assess and control risk across a product's lifecycle. The overall goal is a common understanding of quality risk management between industry and regulators.