Business improvement company BSI has released 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.
Organisations have the duty to ensure the health, safety and welfare of their employees and those that come into contact with the business. They also need to identify risks to planned or existing products, processes, procedures, systems, equipment, projects, their organisation’s objectives and the organisation itself. Risk assessments are the tool that enable employers to take the measures necessary to manage hazards and dangerous scenarios.
The British Standard provides guidance on the selection and application of techniques to help risk managers make decisions that improve the way in which uncertainty is accounted for. It provides information about particular techniques, comparing their possible applications, benefits and limitations.
The British Standard is a technical revision which replaces BS EN 31010:2010 Risk Management – Risk Assessment Techniques. It has been updated in order 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 also been increased.
It’s 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 organisational needs.
Dan Palmer, associate director of committees at the BSI, informed Risk Xtra: “Organisations harbour the responsibility of the safety, health and well-being of both their own employees and those who come into contact with the organisation as a whole. Risk assessments are a critical tool used to take the measures necessary to proactively mitigate risk, protect people and the organisation.”
Palmer added: “The risk assessment process can be made simple through using BS EN IEC 31010:2019. This British Standard provides guidance on the selection and application of various techniques that can be used to help improve the way in which uncertainty is taken into account and to help understand risk.”
*Further details about BS EN IEC 31010:2019 can be found online at: https://shop.bsigroup.com/ProductDetail?pid=000000000030347162