Risk Assessment
According to ISO 9000, risk is the ‘effect of uncertainty on an expected result’ and an effect is a positive or negative deviation from what is expected.
Whenever we try to achieve something, there’s always the chance that things will not go according to plan. Sometimes we get positive results and sometimes we get negative results and occasionally we get both. Because of this, we need to reduce uncertainty as much as possible.
Uncertainty (or lack of certainty) is a state or condition that involves a deficiency of information and leads to inadequate or incomplete knowledge or understanding. In the context of risk management, uncertainty exists whenever the knowledge or understanding of an event, consequence, or likelihood is inadequate or incomplete.
While this definition argues that risk can be positive as well as negative, a note acknowledges that ‘the term risk is sometimes used when there is only the possibility of negative consequences’.
Risk Based Thinking
Risk based thinking refers to a coordinated set of activities and methods that organisations use to manage and control the many risks that affect its ability to achieve objectives. Risk based thinking replaces what the old standard used to call preventative action.
While risk based thinking is now an essential part of the new standard, it does not actually expect you to implement a formal risk management process nor does it expect you to document your organisation’s risk based approach.
ISO 9000 2015 Definitions in Plain English
Creating a risk assessment record
Select + to create a new risk assessment record, the next available number will be displayed. The date created will be automatically populated.
Enter description of the assessment being carried out.
To assign the task, use the radio button to identify if this is the responsibility of the Employee, Department or Business Unit.
Once selected the Owner field will populate.
From the drop down, select the risk level these are setup within the reference tables. Once the risk has been identified the colour will change accordingly.
Risk Detail
Risk detail for this record can be added within this field.
Double click within the field to open the rich text window where text can be formatted.
To attach any documents use the insert file button
Closure Notes
Enter any notes relevant to closing this risk.
To attach any documents use the insert file button.
Procedure
Use the drop down to open the procedure picking list for this category.
Status
Use the drop down to select the current status of this risk – Active or Archived
Next Activity
Enter the date this risk needs attention, this will create an entry in the notifier screen.
Actions
Actions records each activity against this risk assessment.
Select + to create a new activity.
To assign the task, use the radio button to identify if this is the responsibility of the Employee, Department or Business Unit.
From the drop down, select the risk level these are setup within the reference tables. Once the risk has been identified the colour will change accordingly.
Enter the Action Date – the date this activity is to be actioned
The date created will be automatically populated
Enter the date actioned – this will be the actual date the risk was actioned
Risk Detail
Risk detail for this record can be added within this field.
Double click within the field to open the rich text window where text can be formatted.
To attach any documents use the insert file button
Closure Notes
Enter any notes relevant to closing this risk.
To attach any documents use the insert file button
To save the record select