Title
Project risk management. Application guidelines
Abstract
This International Standard is applicable to any project with a technological content. It may also apply to other projects.
It provides a general introduction to project risk management, its subprocesses and influencing factors. These subprocesses are:
- establishing the context, including confirmation of project objectives;
- risk identification;
- risk assessment, including risk analysis and evaluation;
- risk treatment;
- review and monitoring;
- communication (including consultation);
- learning from the project.
Guidelines are provided on the organizational requirements for implementing the process of risk management appropriate to the various phases of a project.
It is recognized that, in certain circumstances, it may be inappropriate to include all the clauses of this standard within a contract. Accordingly, this standard should only be considered as forming part of a contract – however that contract may be formed - if the parties to that contract explicitly call upon and refer to this standard (or parts thereof) and require it to be included within the contract.
History and related standards
This standard includes the following cross references:
IEC 60050-191:1990, IEC 60300-3-3:1996, IEC 60812:1985, IEC 61025:1990, ISO 10006:1997.
