Reading  ISO Guide 73 (2009) Risk Management Vocabulary, ISO 31000 (2009) Risk Management – Principles and Guidelines and IEC / ISO 31010 (2009) Risk Assessment Techniques is quite an instructive exercise.

All are available on the ISO on-line store and though they aren’t very cheap, as any standard.  Unfortunately, they should preferably be free-of-charge to anybody working in the field.  However with ISO’s Risk Based thinking coming shortly, they’re worth their price.  Purchase them now and be prepared for risk management. Continue reading →