18 September 2019
The revised standard provides guidance on how to select and apply risk assessment techniques
BSI, the business improvement company, releases 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.
Organizations have the duty to ensure health, safety and welfare of employees and those that come into contact with it. They also need to identify risks to planned or existing products, processes, procedures, systems, equipment, projects, their organization objectives and the organization itself. Risk assessments are the tool that enable employers to take the measures necessary to manage hazards and dangerous scenarios.
The standard provides guidance on the selection and application of techniques to help risk managers to make decisions that improve the way uncertainty is accounted for. It provides information about particular techniques, comparing their possible applications, benefits and limitations.
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.”
Further details about BS EN IEC 31010:2019 can be found at: https://shop.bsigroup.com/ProductDetail?pid=000000000030347162