Back to ANSI/ASSP Z690.3-2011 Risk Assessment Techniques (National Adoption of ISO/IEC 31010:2009)
Organizations of all types and sizes face a range of risks that may affect the achievement of their objectives. These objectives may relate to a range of the organization's activities, from strategic initiatives to its operations, processes and projects, and be reflected in terms of societal, environmental, technological, safety and security outcomes, commercial, financial and economic measures, as well as social, cultural, political and reputation impacts. All activities of an organization involve risks that should be managed. The risk management process aids decision making by taking account of uncertainty and the possibility of future events or circumstances (intended or unintended) and their effects on agreed objectives. This standard is general in nature, so that it may give guidance across many industries and types of system.
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