TQMC has acquired wide Domain Knowledge and Experience. You can FREELY access it here and here

DISCLAIMER: This matter here is a guide only. For authentic and up-to-date information, please contact TQMC.

The DIRECTIVES and STANDARDS listed here may have been subsequently REVISED . You must refer to the CURRENT REVISION and AMENDMENTS if any.

Tuesday, August 4, 2009

ISO 31000:2009

International risk management standard approved

Posted On: Aug. 03, 2009 11:29 AM CST

MELBOURNE, Australia—Members of the International Organization for Standardization have endorsed the first international standard for risk management.


The ISO 31000:2009 standard will be available in October, after finalization of the ISO Guide 73:2009 of international standards, said Kevin W. Knight, convener of the ISO Working Group on Risk Management and a director with the Risk Management Institution of Australasia in Melbourne, Australia.

The ISO standard draws heavily from a standard used by the Standards Australia/Standards New Zealand Joint Technical Committee on Risk Management, which has already approved adoption of the standard AS/NZS/ISO 31000:2009 to replace its AS/NZS 4360:2004 standard, Mr. Knight said in an e-mail. The Australia-New Zealand version of the new standard should be available in about six weeks, he said.

The standard is aimed at giving risk managers, particularly those with multinational organizations, an approach that is more applicable to their operations than the Australia-New Zealand standard, which was written with a regional focus, industry officials said late last year.

The international risk management standard provides generic guidelines that can be used by any industry or organization, and is applicable to all risks, according to ISO. It, however, is not intended to provide any type of certification.



ISO 31000

From Wikipedia, the free encyclopedia

ISO 31000 is a family of standards relating to risk management codified by the International Organization for Standardization. The purpose of ISO 31000:2009 is to provide principles and generic guidelines on risk management. ISO 31000 seeks to provide a universally recognised paradigm for practitioners and companies employing risk management processes to replace the myriad of existing standards, methodologies and paradigms that differed between industries, subject matters and regions.

Currently, the ISO 31000 family includes:

  • ISO 31000: Principles and Guidelines on Implementation[1]
  • IEC 31010: Risk Management - Risk Assessment Techniques
  • ISO/IEC 73: Risk Management - Vocabulary




What's New: In Brief

The Risk and Insurance Management Society (RIMS) has formed a committee to increase its profile in the standards and practices arena and make it the primary resource in shaping and developing risk management standards.
Carol A. Fox, past chair of RIMS ERM development committee, will chair the RIMS standards and practices committee.
Wayne L. Salen, member of RIMS board of directors, serves as the first board liaison for the committee.
Initial tasks of the committee include educating risk managers and organizations on various risk management standards, including ISO 31000 and Guide 73, a release says.
“RIMS will now be in a position to more significantly influence the development of risk management-related standards and practices,” Salen said in the release.
“For example, RIMS was actively involved in the development of the ISO 31000-Risk Management Principles and Guidelines through the U.S. technical advisory group, which was recently adopted.”

U.S. commercial property and casualty rates experienced a composite rate reduction of 6% in July 2009, the same as June 2009, reports MarketScout, an online U.S. commercial insurance exchange.
In July 2008 rates had decreased 11%.
“Many insurance brokers expected tighter terms and increased pricing after the July 1 treaty renewals,” said Richard Kerr, MarketScout’s CEO. “Generally speaking, it didn’t happen. July 1 renewals were a bit tougher for property cat risks but most reinsurance treaties were placed without much trouble. We are still in a prolonged soft market.”
By coverage class, general liability had the greatest rate reduction in July at -7%. D&O had the least at -2%, MarketScout reported.

More Headlines | Top of Page



  1. A huge dick in my pussy,any warm wet tounge up my arse and cum along
    with pussy juice all over me. Fuck, ozzy

    Also visit my page; hcg injections

  2. Now you can Select Wipe Data or Factory Reset by pressing the
    Volume buttons to go up or down and the Home button to select options.

    These data plans will enable seamless voice and video calls with
    high resolution, excellent sound clarity and no lag on hand-held gadgets.

    It can keep you well organized because it serves as a
    personal computer with electronic diaries, personal organizers, automatic reminders, and contact lists.

    Feel free to visit my page; samsung s4

  3. They (Sony) purchased Crackle for a reputed $65 million in 2006, just prior to Google's $1. There are Blu-ray home theater systems which have the capability to stream Netflix, Pandora, You - Tube, or other media applications, apple tv and Roku XD is technology that basically gives you the option to not have to pay for a Blu-ray player. A smooth interface, lots of recommendations, and even the new Just for Kids section.

  4. In fact, even if you lost the whole partition, data recovery is still able to retrieve the lost data for
    you. The HTC Evo 3D was always going to be a great phone but in order to be successful it needs suitable
    software to back it up. " Should you not mind an inferior screen however , you will not taking the laptop with you - we may advise something from the 14-inch range.

    My homepage: samsung chromebook reviews

  5. Nice respond in return of this issue with solid arguments and describing all regarding that.

    My site: taucherbrille mit sehstärke