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AS/NZS ISO 31000:2009What is AS/NZS ISO 31000:2009
The AS/NZS ISO 31000:2009 provides
the internationally accepted basis for best practice risk management.
The standard is non-prescriptive or generic in its application which
provides a methodology of managing risk which is applicable for all types of
organisations including governments. In addition to the standard there is an international guide: ISO Guide 73:2009, which provides the basic vocabulary that is designed to develop a common understanding of risk management concepts Background
The first Australian and New Zealand Risk Management Standard
AS/NZS 4360 was released in 1995 and updated in 1999 and 2004
respectively. This standard was
increasingly adopted and translated by other countries.
In 2005 an international working group was established to produce an
international standard of risk management which built upon the already
successful foundation of the AS/NZS 4360
document. The core risk
identification and treatment process elements within
AS/NZS 4360, the process, remain
unchanged. The new standard
(AS/NZS ISO 31000:2009) now provides
explicit guidance on risk management principles and a risk management framework
that were not as obvious in the previous document. Components of the 31000
AS/NZS ISO 31000:2009 is separated into three
core areas:
The diagram below shows the relationship between the
principles,
Framework and Process
for managing risk and has been reproduced from the
AS/NZS ISO 31000:2009 standard. Print a copy of the ISO 31000:2009ACT Government Officers can obtain a (paper) copy of the 31000 by contacting the Library on ext. 50395. Have the name of your closest network printer available. Non-ACT Government Officers can purchase a copy of the 31000 from Standards Australia. Click this link to go to Standards Australia. |
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