Risk management
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...