REPORT. ISO/TR. First edition. Reference number . This document was drafted in accordance with the editorial rules of the ISO/IEC. (International Standard Risk Management ISO Draft Review) ISO , the international standard for Risk Management – ‘Risk Management. Hi:bigwave: Does anybody have a copy of the draft working document ISO they could share with little me? ttfn Ben.
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The revision for the ISO standard is to be finalized in In a series of articles we want to present and discuss the major changes 310044 are to be expected.
It immediately shows what the intent of the revision is. This is a new section in the standard.
Lso major change in this section at least to me is the fact that the following sentence has changed. As this sentence was followed by 29 definitions that fully defined risk management the ISO way. The changes in the revision only concern the notes to the definitions.
The definitions still mentioned in the standard … the following apply are kept to a strict minimum and mainly those that have updated notes:.
In general the changes are in the direction of a better wording and more complete coverage of what the notes want to convey. It can be positive sometimes expressed as opportunitiesnegative sometimes expressed as threats or both. The problem I have with this sentence is the parts between brackets.
The content between brackets should be left out. Because in my opinion, opportunities and threats are external risk sources in the same way as weaknesses and strengths are internal risk sources.
Although effects can also become risk sources, the way note 1 is phrased only leads to a short sighted view on what can be understood by effects. For example, one could say that pursuing an opportunity, making use of ones strengths, while managing threats and weaknesses, can bring unexpected positive consequences.
ISO/TR – Risk management — Guidance for the implementation of ISO
However, pursuing opportunities without managing threats and weaknesses and not building on strengths, can certainly bring about unexpected and unwanted consequences. The consequences are then the effects of uncertainty on the objectives related to the opportunity pursued. It can be positive, negative or both. More interpretations are possible, more definitions come into play and more options in the use of the standard are provided e.
The one remark I have is the note 1 on the definition of risk.