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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Don’t be the weak link. The title has dratt changed as well: Because in my opinion, opportunities and threats are external risk sources in the same way as weaknesses and strengths are internal risk sources. The consequences are then the effects of uncertainty on the objectives related to the opportunity pursued.

The content between brackets should be left out. From the comments made by the contributing experts it was clear that Annex A should be removed and instead the topic dealt with separately through a New Work item proposal to address risk management maturity.

This is a new section in the ieo. Cyber There’s a good time coming The vision was to phrase a framework clause that provides guidance that is relevant jso every possible user of the standard. In a series of articles we want to present and discuss the major changes that are to be expected.

A FERMA voice on ISO implementation | Ferma

The next deaft of the revision process are translation into French followed by comments and ballots from the National Standardization Bodies. There are substantial improvements that the committee feel will benefit the users of the standard such as the inclusion of the importance of human and cultural factors as well as the embedding of risk management within decision making that is now more strongly is emphasized.

The message TC would like to pass on to the reader of the DIS is to critically assess if the current ios provides the required guidance while still remaining relevant to all organizations, in all countries. More interpretations are possible, more definitions come into play and more options in the use of the standard are provided e. Care drsft to be taken in in considering all the points raised and discussions on the right way forward took considerable time.

The clauses on process has probably been the area that has received most comments dtaft the revision. The major change in this section at least to me is the fact that the following sentence has changed. The decision to review ISO was taken at in Chicago in and now, 4 years later, a draft version of the jso updates to the ISO document is available for users to see. It can be positive sometimes expressed as opportunitiesnegative sometimes expressed as threats or both.


Before being sent to ISO the draft of the DIS was endorsed by the working group WG2 and reviewed by an editorial team who checked for typographic issues and consistency across the different sections. Ultimately the decision was made to simplify the text and use other documents, such as ISO Guide 73 310004 provide additional information to those that need it. As this sentence was followed by 29 definitions that fully defined risk management the ISO way. For more information go to riskmanagement.

It is important to keep in mind that we are not drafting an American or European standard, a public sector or financial services standard, but xraft a generic international standard.

Revision of ISO 31000 Risk Management Guidelines – Draft available

Below some of the changes to the version of ISO have been summarised and a few words on why the changes are being proposed:. The next steps will be a review of the comments submitted that will modify the text further and then a ballot by ISO members to move to the final publication.

In general the changes are in the direction of a better wording and more complete coverage of what the notes want to convey. The next ISO meeting is being held in San Francisco in July and this suggests publication of the revised risk management standard perhaps early in Our main challenge was to find a fair and sensible balance between supplementing the chapter with necessary concepts and not losing sight of all other users.

Continuity Forum Policy Working Group Members can contact us directly to discuss the process and to obtain copies of document for comment. Climate adaptation measures and our BCM approach – a user perspective.

The changes in the revision only concern the notes to the definitions. However, pursuing opportunities without managing draaft and weaknesses and not building on strengths, can certainly bring about unexpected and unwanted consequences. 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. The strengthened generic nature of the standard can hopefully provide for confidence between experts and end users who each have specific problems in risk but need to understand and communicate with others stakeholders.

In the committee drafft stages there was a strong desire to address the proliferation of terms, that could impair the ease dract access to the standard or add to confusion across sectors for many users.


Comparing ISO 31000 (2009) with the draft ISO 31000 (2017) – Part 2

Please do review and pass on your thoughts and opinions by clicking the box below. In the same time period three other risk standards have been proposed by ISO covering disruption related risk, supply chain risk management and legal risk.

The definitions still mentioned in the standard … the following apply are kept to a strict minimum and mainly those that have updated notes:. The most recent meeting in Jordan provided the impetus and key changes necessary to move the standard forward and out of its committee stages making it available for wider comment.

The process gives you the chance to suggest areas you would like ido see adapted or removed and even add new elements that would benefit users in the front line.

It should be noted that there was some convergence, from initially very different positions, from members of rraft technical committee, and in some cases National Mirror Committees, towards a shared vision of best practice in global risk management. The one remark I have is the note 1 on the definition of risk.

Articles Recognising threat – the importance of pre-incident surveillance. For example, one could say that pursuing an opportunity, making use of ones strengths, while managing threats and weaknesses, can bring unexpected positive consequences. It can be positive, negative or both. However, more complex language has been edited and reduced and accordingly the revised text is shorter and more precise and hopefully the user will find it much simpler to read.

There was also support for more detailed and precise guidance though this ran the risk of adding to both the length and complexity of the standard.

The result was that it was agreed that there was a need to reduce the text quite a lot but that an appropriate balance between giving guidance with enough details and not drfat the guidance offered into a school text book. There was considerable discussion on fundamental issues on the role of standards. The final DIS text has not dramatically changed the version and all steps in the process have been kept.

The revision for the 31040 standard is to be finalized in