After 5 years of development, the Risk Management Standard, AS/NZS 4360:2004 has been superseded by   AS/NZS ISO 31000:2009, Risk management - Principles and guidelines.
  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.
 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
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



 AS/NZS ISO 31000:2009  Risk management - Principles and guidelines


> 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. 

 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