The purpose of this technical report is to assist decision makers and stakeholders in applying risk assessment techniques in an effort to gain an understanding of risk, reduce related uncertainty, and obtain risk-based information that will enable the organization to achieve its objectives.

The technical report is designed to align with the principles, framework and process found in ANSI/ASSP/ISO 31000 Risk Management, and complement ANSI/ASSP/ISO 31010 Risk Management – Risk Assessment, ISO 31070 Core Concepts of Risk, ANSI/ASIS/RIMS RA.1 Risk Assessment, ANSI/ASSP/ISO 45001 Occupational Health and Safety Management Systems, ANSI/ASSP Z10.0 Occupational Health and Safety Management Systems and ANSI/ASSP Z590.3 Prevention through Design standards.

Table of Contents

Foreword
Committee
Introduction
Contents
1. Scope and Purpose
2. Terms and Definitions
3. Core Concepts
3.1 Risk
3.2 Uncertainty
3.3 Prevention through Design
3.4 Risk Management Principles, Framework and Process
4. Risk Management Process
4.1 Communication and Consultation
4.2 Establishing Context
4.2.1 Purpose, Scope and Objectives
4.2.2 Risk Criteria
4.2.3 Stakeholders
4.2.4 Human, Organizational and Social Factors
4.2.5 Method Selection
4.2.6 Customizing Methods
4.2.7 Combining Methods
4.2.8 Managing Information
4.3 Risk Assessment
4.3.1 Risk Identification
4.3.2 Risk Analysis
4.3.3 Risk Evaluation
4.4 Risk Treatment
4.4.1 Selecting Risk Treatments
4.4.3 Risk Treatment Plans
4.4.4 Verifying and Validating Treatments
4.5 Monitoring and Reviewing
4.6 Recording and Reporting
4.6.1 Recording and Documenting
4.6.2 Reporting and Communicating
Annex A
Risk Assessment and Management Techniques
Annex B
Description of Techniques
Annex C
Fundamentals of Assessing Pure Risk
Annex D
Risk Treatment
Annex E
Prevention through Design and Risk Assessment
Annex F
Risk Continuum
The Concept of Residual Risk
References

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