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| After 5 years of development, the Risk Management Standard, AS/NZS 4360:2004 has been superseded by AS/NZS ISO 31000:2009, Risk management - Principles and guidelines. |
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 AS/NZS ISO 31000:2009 can help you achieve: |
- organizational resilience;
- proactive management;
- stakeholder confidence and trust;
- reliable decsion making and planning; and
- more certainty in today's market conditions.
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| AS/NZS ISO 31000:2009 vs AS/NZS 4360:2004 |
| Elements of Risk Management Standards |
How AS/NZS ISO 31000 builds upon AS/NZS 4360:2004 |
Application of framework for risk
management |
Expands the framework and further develops the 2004 framework |
| Principles for managing risk |
Far more clear and explicit |
| Enhanced risk management attributes |
New addition included in the Annex |
| Guide to establishing and implementing effective risk management process |
New addition included in the Annex compared with previously supplied in HB 436:2004 |
| Risk management context |
Also applicable across all industries to any entity implementing organizational objectives which may involve uncertain outcomes |
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| AS/NZS ISO 31000:2009 Risk management - Principles and guidelines |
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> Practical advice on how your organization can develop, implement and improve the way it manages risk.
> Focusing attention on tackling organizational risk by identifying and treating both external and internal influences and factors that give rise to that risk.
> Informative annex describes attributes of enhanced risk management.
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| Other Handbooks that are appropriate for Risk Management ... keep a look out for the updated Handbooks that will be coming soon! |
> HB 141-2004, Risk financing guidelines
> HB 246-2004, Guidelines for Managing Risk in Sport and Recreation
> HB 203:2006, Environmental risk management - Principles and process
> HB 221:2004, Business Continuity Management
> HB 436:2004, Risk Management Guidelines Companion to AS/NZS 4360:2004
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