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Risk management

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At the end of 2009, the International Organization for Standardization (ISO) issued a new set of principles and guidelines that should benefit all organizations confronting the always problematic challenges of managing risk: Title/Link Date of Issue ISO 31000:2009 Risk management - Principles and guidelines Nov 13, 2009 ISO Guide 73:2009 Risk management - Vocabulary Nov 13, 2009 ISO/IEC 31010:2009 Risk management - Risk assessment techniques Dec 1, 2009 Standard ISO 31000 provides principles and generic guidelines on risk management and is not intended for the purpose of certification. ISO/IEC 31010:2009 describes more than thirty tools to use for risk assessment and explains their application. The ISO Guide 73:2009 contains risk management terminology and definitions. These three standards can be applied to any type of risk, whatever its nature, by organizations of any type or by individuals. Risk, as defined by the ISO Guide 73:2009, is the impact of uncertainty on obje...

The next stages in the evolution of ISO 9001

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The latest version of ISO 9001 was released two years ago (2008) with very minor changes to the requirements. This is in contrast to the he previous version of the standard (released in 2000) which resulted in significant changes including the introduction of an entirely new concept of a process approach. At QPRC we wanted to know what to expect from the next stages in the evolution of the requirements of ISO 9001, and invited Dr. Gary Cort who currently chairs ISO Technical Committee 176 to answer our questions: QPRC : When ISO 9001 will be updated again? Dr. Cort : If the past is any guide, then we should expect a six to eight year update cycle, which would have the next revision coming on line around 2015. While many of us in ISO Technical Committee 176 believe that we could reduce this time by half (at least), to do so will require fundamentally restructuring the standards writing process, which is completely serial today. Imagine separating the standards writing proc...

Business Process Documentation with ISO 10244:2010

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The new international standard ISO 10244:2010 “Document management - Business process baselining and analysis” was issued on July 16, 2010 by the International Organization for Standardization (ISO) headquartered in Geneva, Switzerland. This standard reflects two major trends in document management. One trend is represented by the rapidly increasing amount of information that needs to be managed, both internal and external to the organization. Another trend is represented by the increasing popularity and growing capabilities of electronic document management systems (EDMSs). A number of old issues related to paper based document management are gradually being taken off the agenda with the help of EDMSs, for example:   Providing unique identifiers for documents   Providing appropriate version control and archival   Recording time stamps for changes and revisions   Ensuring document retention over agreed time   Identifying individuals issuing and modifying...