Risk management new ISO vocabulary Standard


16 December 2009

A new Risk management – Vocabulary Standard, ISO Guide 73:2009, has been published to provide the definitions of generic terms related to risk management.

Users of ISO Guide 73:2009 include those engaged in managing risks; those who are involved in ISO and International Electrotechnical Commission (IEC) activities; and developers of national or sector-specific Standards, guides, procedures, and codes of practice about the management of risk.

ISO Guide 73:2009 aims to encourage a consistent understanding of, and a coherent approach to:

  • the description of activities about the management of risk
  • the use of uniform risk management terminology in processes and frameworks for the management of risk.

For principles and guidelines on risk management, reference is made to AS/NZS ISO 31000:2009 Risk management – Principles and guidelines.

Read more about the newly published AS/NZS ISO 31000:2009 Risk management – Principles and guidelines in the December 2009 Touchstone article 'New risk management Standard available now – seminars planned for early 2010'.

Order ISO Guide 73:2009 Risk management – Vocabulary, and order or download AS/NZS 31000:2009 Risk management – Principles and guidelines, or visit www.standards.co.nz, email enquiries@standards.co.nz, or call 0800 782 632.


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