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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This is a new section iao the standard. There was considerable discussion on fundamental issues on the role of standards. The definitions still mentioned in the standard … the following apply are kept to a strict minimum and mainly those that have updated notes:. The next steps of the revision process are translation into French followed by comments and ballots from the National Standardization Bodies.

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.

In the committee commenting stages there was a strong dract to address the proliferation of terms, that could impair the ease of access to the standard or add to confusion across sectors for many users. The draft of the standard for review and comment is now available on the BSI Draft Review system at https: Hosting services provided by: More interpretations are possible, more definitions come into play and more options in the use of the standard are provided e.

The consequences are then the effects of uncertainty on the objectives related to the opportunity pursued. For example, one could say that pursuing an opportunity, making use of ones strengths, while isso threats and weaknesses, can bring unexpected positive consequences.

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.

In general the changes are in the direction of a better wording and more complete coverage of what the notes want to convey. Don’t be the weak link.

Please do review and pass on your thoughts and opinions by clicking the box below. 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. The clauses on process has probably been the area that has received most comments during the revision. Cyber There’s a good time coming It should be noted that there was some convergence, from initially very different positions, from members of the technical committee, and in some cases National Mirror Committees, towards a shared vision of best practice in global risk management.


It can be positive sometimes expressed as opportunitiesnegative sometimes expressed as threats or both. A common theme found in the comments was the addition of concepts or examples specific to countries or industries.

The intention is to promote harmonization within ISO documents with respect to risk and its management. In a series of articles we want to present and discuss the major changes that are to be expected. The intention throughout the revision process in recent meetings has been to focus on the fundamentals and in doing so create a shorter, clearer and more concise document that is easier to read and apply.

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

The major change in this section at least to me is the fact that the following sentence has changed. Because in my opinion, opportunities and threats are external risk sources in the same way as weaknesses and strengths are internal risk sources. The decision to review ISO was taken at in Chicago in and now, 4 years later, a draft version of the proposed updates to the ISO document is available for users to see. The changes in the revision only concern the notes to the definitions.

Find out more About Us. The one remark I have is the note 1 on the definition of risk. 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.

This DIS is at an extremely important stage and we recommend that you review it very carefully in the context and wider activities of your organisation.

ISO/TR – Risk management — Guidance for the implementation of ISO

We can expect that the new version of ISO will be published at the end of or early in Internet of Things What does it mean? 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 turning the guidance offered into a school text book.


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. Two of these, the disruption and supply chain risk standards, have failed to make the grade and have recently been officially dropped, but the legal risk standard ISO is now in development with the national standards bodies of China and the UK jointly leading the work.

The major task to accomplish is progress the revision of ISO Below some of the changes to the version of ISO have been summarised and a few words on why the changes are being proposed:. 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.

The final DIS text has not dramatically changed the version and all steps in the process have been kept.

Care needed to be taken in in considering all the points raised and discussions on the right way forward took considerable time.

The revision for the ISO standard is to be finalized in The problem I have with this sentence is the parts between brackets. It immediately shows what the intent of the revision is.

Comparing ISO () with the draft ISO () – Part 2 –

For more information go to riskmanagement. This view was formed at the Moscow meeting and stuck to while resolving the comments on the technical committee draft reviewed in Jordan.

The Working Group meets next time on July 10th — 14th, in San Francisco to work rdaft finalizing the revision. 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 rather a generic international standard.