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BSI publishes revised risk assessment standard - BS EN IEC 31010:2019

BSI publishes revised risk assessment standard - BS EN IEC 31010:2019

 20 September 2019 09:08 from:https://www.continuitycentral.com/index.php/news/new-products-and-services/4441-bsi-publishes-revised-risk-assessment-standard-bs-en-iec-31010-2019

 

BSI has announced the release of BS EN IEC 31010:2019 Risk management – Risk assessment techniques, to give guidance on how to select and apply risk assessment techniques in a wide range of contexts.

The standard is a technical revision which replaces BS EN 31010:2010 Risk management - Risk assessment techniques. The standard has been updated to provide more detail on the process of planning, implementing, verifying and validating the use of the different techniques. The number and range of application of the techniques has been increased.

It is applicable for those responsible for carrying out risk assessments for compliance or conformance purposes; commissioning or evaluating risk assessments; understanding the outcomes of assessments; and choosing assessment techniques to meet organizational needs.

Dan Palmer, Associate Director of Committees at BSI said: “Organizations harbour the responsibility of the safety, health and wellbeing of both the workers and those that come in to contact with the organization. Risk assessments are a critical tool used to take the measures necessary to proactively mitigate risk, protect people and the organization.

“The risk assessment process can be made simple through using BS EN IEC 31010:2019. It provides guidance on the selection and application of various techniques that can be used to help improve the way uncertainty is taken into account and to help understand risk.”  

BSI overview  :- ( purchase from - https://shop.bsigroup.com/ProductDetail?pid=000000000030347162 )

What is this standard about?

It gives guidance on how to select and apply risk assessment techniques in a wide range of contexts. These techniques will help users make decisions where there’s uncertainty and provide information about particular risks as part of a risk management process. The standard summarizes a range of techniques and references other documents where these techniques are described in more detail.

Who is this standard for?

In particular, risk managers and organizations required to conduct risk assessments for compliance or conformance purposes. In addition, it will be useful to:

  • Anyone involved in assessing risk
  • People involved in developing guidance setting out how risk is to be assessed in specific contexts
  • People who need to make decisions where there is uncertainty including those who:

–       Commission or evaluate risk assessments

–       Need to understand the outcomes of assessments

–       Have to choose assessment techniques to meet particular needs

Why should you use this standard?

It gives guidance on the selection and application of various techniques that can be used to help improve the way uncertainty is taken into account and to help understand risk.

It works as an introduction to selected techniques and compares their possible applications, benefits, and limitations. It also provides references to sources of more detailed information.

NOTE 1: While this standard discusses and provides example techniques, the techniques described are non-exhaustive and no recommendation is made as to the efficacy of any given technique in any given circumstance. Care should be taken in selecting any technique to ensure that it is appropriate reliable and effective in the given circumstance.

NOTE 2: Good management practices should be followed throughout and are not repeated in this standard.    

What’s changed since the last update?

This standard is a technical revision which replaces BS EN 31010:2010 Risk management - Risk assessment techniques. It includes the following significant technical changes:

  • More detail is given on the process of planning, implementing, verifying and validating the use of the techniques
  • The number and range of application of the techniques has been increased
  • The concepts covered in BS ISO 31000 Risk management (which is a normative document) are no longer repeated in this standard
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