BSI, the business improvement company British Standards, has released BS EN IEC 31010:2019 Risk management – Risk assessment techniques. That gives guidance on how to select and apply risk assessment techniques.
As BSI says, organisations 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 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 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: “Organisations harbour the responsibility of the safety, health and well-being of both the workers and those that come in to contact with the organisation. Risk assessments are a critical tool used to take the measures necessary to proactively mitigate risk, protect people and the organisation.
“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.”
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