Executive summary
Guidance on the identification and control of business related risks encountered when undertaking projects.
Abstract
This British Standard, a part of the BS 6079 series, provides guidance on the identification and control of business related risks encountered when undertaking projects. It is applicable to a wide spectrum of project organizations operating in the industrial, commercial and public or voluntary sectors. It is written for project sponsors and project managers, either or both of whom are almost always responsible to higher levels of authority for one or more projects of various types and sizes.
It is intended that its application will be proportional to the circumstances and needs of the particular organization.
This standard offers generic guidance only and it is not suitable for certification or contractual purposes. It is not intended as a substitute for specific standards that address risk assessment in distinct applications, such as health and safety, or areas of technological risk.
The guidance in this standard highlights the importance of stakeholder analysis and suggests that it is integrated into the risk management process.