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Making Financial Sense of GMP (Good Manufacturing Practice): Quality Risk Management (QRM) Training Course

Lunch & Learn

In this talk, explore how the Quality Risk Management (QRM) impacts the financials of an organisation and how it can enhance an organisation's financial strength.

27 June 2025
+ 7 November 2025, 6 March 2026 »

from £175

Need help?  Enrol/reserve

Part of L&L: Making Financial Sense of GMP series:

Are you aware of how the GxP requirements impact the financials of an organisation? This exciting series provides a concise overview of some key elements of GxP such as Pharmaceutical Quality System, Validation Master Plan, Risk Management and Change Management. Participants will learn about how these elements impact the gross profit, operational costs and net profit. 

What is Lunch & Learn? Turn your lunch hour into a valuable learning opportunity with our all-new Lunch & Learn category – an exciting twist on the traditional webinar, starting in 2025. These bite-sized, budget-friendly and diverse training sessions are designed to fit seamlessly into your working day, providing a flexible and impactful way to advance your skills without disrupting your busy schedule.

If you’re looking to boost your professional expertise, our Lunch & Learn courses combine the latest insights, expert-led instruction, and practical tools to keep you engaged and evolving — all in the time it takes to enjoy your lunch!

So, what are you waiting for? Learn something new, grow your career, and make every minute count.

From £99! Our Lunch & Learn short courses start from just £99 (early booking price) when you book 5 or more places - any combination of multiple courses for one attendee, or multiple attendees on the same course.

Course overview

Quality Risk Management (QRM) is outlined in ICH Q9 guideline. The importance of quality systems has been recognised in the pharmaceutical industry and it is evident that quality risk management is a valuable component of an effective quality system.

The QRM includes the following elements:

  • Risk Assessment
  • Risk Control
  • Risk Review
  • Risk Communication

Working with QRM has cost implications. When used effectively, QRM can be used for cost vs benefit analysis. What are the financial risks involved if an organisation does not implement an effective Vendor Approval System or a Validation Master Plan? Is QRM and expectation or a must for an organisation?

This course is part of our GxP training (Good x Practice) course collection, which features a variety of topic areas to ensure you comply with the most recent quality guidelines. For more information on the latest EU GMP regulations, see our GMP training course covering the Annex 1.

Benefits of attending

Attending this session will help deepen your knowledge and support your understanding on how the Quality Risk Management (QRM) benefits an organisation's financial performance.

The benefits of attending this session include:

  • Learn about the impact of QRM on the gross profit, operational costs and net profit
  • Explore how QRM can support efforts to reduce costs and improve profits
  • Discuss QRM elements that contribute to cost reduction
  • Understand how financial decisions don't have to compromise QRM
  • Consider what would happen if QRM was not a regulatory expectation

Who should attend?

This session is designed for senior life science professionals involved with Quality Risk Management (QRM) either directly or indirectly.

The stakeholders are typically from executive and management roles responsible for and involved in decision making and striving to balance financial goals with compliance and quality requirements.

Other interested stakeholders not directly involved with compliance or quality include:

  • Chief Operating Officers
  • Chief Financial Officers
  • Finance and costing analysts

Enrol/reserve

Jitan Bhudia
Venn Helix

Jitan Bhudia is a highly accomplished Pharmaceutical Consultant with extensive expertise in Good Manufacturing Practice (GMP), Good Distribution Practice (GDP), and regulatory compliance within the pharmaceutical industry. With a career spanning over two decades, Jitan has a proven track record of leading business operations, ensuring regulatory compliance, and driving commercial success in pharmaceutical manufacturing and distribution. 

As the co-founder of jarmatrixpharma.com, a site dedicated to help organisations “manage knowledge”, Jitan has provided specialized consulting and tailored training solutions for pharmaceutical manufacturing. He has designed and implemented Quality and Document Management Systems, supported regulatory audits, and worked closely with industry stakeholders to ensure compliance with stringent pharmaceutical regulations. His ability to develop cost-effective compliance solutions and deliver expert training on quality management strategies has positioned him as a trusted advisor in the field. 

Previously, Jitan served as the Owner, Director, and Head of Production at Percuro Medica Limited, where he played a pivotal role in establishing and expanding the company. Under his leadership, the company gained essential licenses from the MHRA and the Home Office for the manufacture and distribution of controlled drugs. His expertise in facility design, validation, and risk management helped secure major contracts with pharmaceutical companies. 

With his deep industry knowledge, regulatory expertise, and business acumen, Jitan continues to support pharmaceutical organizations in navigating complex compliance landscapes, optimizing quality systems, and achieving operational excellence.

More details

27 June 2025

Lunch & Learn

Live online

12:00-13:30 UK (London) (UTC+01)
13:00-14:30 Paris (UTC+02)
07:00-08:30 New York (UTC-04)
Course code 15639

  • GBP 175 200
  • EUR 245 280
  • USD 280 320

Until 20 Jun

View basket 

 
Not ready to book yet?

for 7 days, no obligation

7 November 2025

Lunch & Learn

Live online

12:00-13:30 UK (London) (UTC+00)
13:00-14:30 Paris (UTC+01)
07:00-08:30 New York (UTC-05)
Course code 15640

  • GBP 175 200
  • EUR 245 280
  • USD 280 320

Until 31 Oct

View basket 

 
Not ready to book yet?

for 7 days, no obligation

6 March 2026

Lunch & Learn

Live online

12:00-13:30 UK (London) (UTC+00)
13:00-14:30 Paris (UTC+01)
07:00-08:30 New York (UTC-05)
Course code 15641

  • GBP 175 200
  • EUR 245 280
  • USD 280 320

Until 30 Jan

View basket 

 
Not ready to book yet?

for 7 days, no obligation

* Early booking discounts may not be combined with other discounts or offers. As such, the discounts for 2nd/3rd/4th delegates are based on the full price; and apply only when booking multiple delegates on the same date.

Multiple colleagues? See above for details of our discounts for 2, 3, or 4 delegates. For more, talk to one of our training experts to discuss how to:

Run this course conveniently and cost-effectively in-house for your staff and colleagues

Aleksandra Beer

Aleksandra BEER
Training expert

Yesim Nurko

Yesim NURKO
Training expert

+44 (0)20 7749 4749

inhouse@ipi.academy