2010-06-02

Proposal for a new work item on Risk Management – Guidance for the implementation of ISO 31000

The Standards Council of Canada (SCC) is seeking feedback on the development of a new work item proposal on Risk Management- Guidance for the implementation of ISO 31000 submitted by the British Standards Institution (BSI) to the International Organization for Standardization (ISO).

The purpose of developing this standard is to provide more detail and information on how to establish risk management within any organization that builds on the core elements of ISO/IEC 31000 Risk management. The standard is intended to apply to all organizations regardless of their type, size and nature of business or whether in the private, public or voluntary sectors.

Scope of the Proposed Work:

• Implementing risk management framework and process;
• Risk management strategy;
• Developing a risk management culture;
• Building capability and competence;
• Treating and managing the identified risks;
• Governance;
• Improving an organization’s performance of its risk management;
• Maximizing opportunities and minimizing losses in the organization.

As the official Canadian member of the ISO, the Standards Council of Canada is seeking feedback on ISO’s proposal from Canadian experts. All responses submitted to SCC will be considered to generate a Canadian position and comments on this proposal. Experts are invited to consider the following when formulating a response:

• Is the proposed scope relevant and uses appropriate terminology, or is the scope too broad or too specific?
• How could the development of this proposed standard impact your sector, negatively or positively and why?
• Will the development of this proposed standard benefit your sector or will it pose challenges?
• If this field of technical activity is regulated, will the proposed development of this standard complement it or not?

The deadline for submission is June 30, 2010.

For more information, or to submit comments including support for or opposition to the proposal, please contact Lynne Gibbens, Senior Program Officer ISO via email, [email protected] or by telephone +1 613 238 3222 ext. 452.

The Standards Council of Canada is a federal Crown corporation with the mandate to promote efficient and effective standardization in Canada with the goal of enhancing Canada’s economic competitiveness and social well-being. SCC is Canada’s representative to the International Organization for Standardization (ISO) and is responsible for coordinating Canadian participation in the development of international standards. It also accredits standards development and conformity assessment organizations. For more information on SCC’s programs visit www.scc.ca or email [email protected].

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