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articles:a_matter_of_risk [2020/02/13 11:25] – [A Matter of "Risk"] rrandallarticles:a_matter_of_risk [2020/02/29 10:48] – [A Matter of "Risk"] rrandall
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 ====== A Matter of "Risk" ====== ====== A Matter of "Risk" ======
  
-When it comes to defining the word "//risk//", ISO has several competing definitions; in various "official" ISO documents. And these are in further conflict with non-ISO industry standards As one would expect, these differences have created conflict within ISO and confusion amongst users. The problem appears to stem from ISO attempting to create a "one-size fits all" definition for "risk" (initially appearing in ISO/IEC Directives-Part 1, Annex SL), while failing to recognize that there are different "types" of risks.+When it comes to defining the word "//risk//", ISO has several competing definitions; in various "official" ISO documents. And these are in further conflict with non-ISO industry standards As one would expect, these differences have created conflict within ISO and confusion amongst users. The problem appears to stem from ISO attempting to create a "one-size fits all" definition for "risk" (through ISO/IEC Directives-Part 1, Annex SL), while failing to recognize that there are different "types" of risks.
  
 This article will discuss two of the most "commonly" used definitions. This article will discuss two of the most "commonly" used definitions.
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 In the above example, there is an implied "//hope//" or "//preference//" for the "positive" risk. In the above example, there is an implied "//hope//" or "//preference//" for the "positive" risk.
  
-The 4-minute video below explains "Positive vs. Negative Risks on Projects":+The 4-minute video below //explains// "Positive vs. Negative Risks on Projects":
  
 {{ youtube>pRUF2Uwu62U?large }} {{ youtube>pRUF2Uwu62U?large }}
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 However, "Note 5" states that the word “risk” is "sometimes" used when there is the //possibility// of only negative consequences (i.e., a "positive" consequence is impossible). In other words, ANY outcome other than the one "expected", will be negative. However, "Note 5" states that the word “risk” is "sometimes" used when there is the //possibility// of only negative consequences (i.e., a "positive" consequence is impossible). In other words, ANY outcome other than the one "expected", will be negative.
  
-<note>ISO 14001:2015, "//Environmental management systems — Requirements with guidance for use//", sec. 3.2.10 contains an identical definition for "risk" EXCEPT that it does not include Note 5 & 6.</note>+<note>ISO 14001:2015, "//Environmental management systems — Requirements with guidance for use//", sec. 3.2.10 contains definition for "risk" identical to ISO 9000:2015 EXCEPT that it does not include Note 5 & 6.</note>
 ==== ISO Guide 73:2009 ==== ==== ISO Guide 73:2009 ====
 Now that we understand how ISO 9000:2015 has defined risk, and since it contains several references to ISO Guide 73, "//Risk management — Vocabulary//" (which was reviewed and confirmed in 2016), let's take a look at they are different from one another. Now that we understand how ISO 9000:2015 has defined risk, and since it contains several references to ISO Guide 73, "//Risk management — Vocabulary//" (which was reviewed and confirmed in 2016), let's take a look at they are different from one another.