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--- articles:a_matter_of_risk [2020/03/19 12:41] – [NFPA 1600®] rrandall
+++ articles:a_matter_of_risk [2020/03/19 21:14] – [A Matter of "Risk"] rrandall
@@ Line 3: / Line 3: @@
 When it comes to defining the word "//risk//", ISO has several competing definitions; in various "official" ISO documents. And these are in further conflict with non-ISO industry standards As one would expect, these differences have created conflict within ISO and confusion amongst users. The problem appears to stem from ISO attempting to create a "one-size fits all" definition for "risk" (initially through ISO/IEC Directives-Part 1, Annex SL), while failing to recognize that there are different "types" of risks.
-This article will discuss two of the most "commonly" used definitions.
+This article will discuss two of the most "commonly" used general definitions.
   - The "non-traditional" definition is that "risk" can be positive, negative, or both (e.g., for a type of risk involving action-related decisions, such as investment decisions; addressing the consequences of taking some action, as well as __not__ taking that action). This definition appears in Appendix 2 of [[https://www.iso.org/sites/directives/current/part1/index.xhtml|ISO/IEC Directives-Part 1]]:2019, ISO 9000:2015, ISO 14001:2015, ISO 19011:2018, ISO 31000:2018 & ISO Guide 73:2009)
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 ==== NFPA 1600® ====
-While also not an ISO document, [[https://www.nfpa.org/codes-and-standards/all-codes-and-standards/list-of-codes-and-standards/detail?code=1600|NFPA 1600®, "Standard on Continuity, Emergency, and Crisis Management" (2019 Edition)]], published by the [[https://www.nfpa.org|National Fire Protection Association (NFPA)]], contains a definition for "Risk Assessment" from which a definition for risk can be easily derived as "//threats and hazards//".
+While also not an ISO document, [[https://www.nfpa.org/codes-and-standards/all-codes-and-standards/list-of-codes-and-standards/detail?code=1600|NFPA 1600®, "Standard on Continuity, Emergency, and Crisis Management" (2019 Edition)]], published by the [[https://www.nfpa.org|National Fire Protection Association (NFPA)]], contains a definition for "//Risk Assessment//", from which a definition for "risk" can be easily derived as "//threats and hazards//".
 <blockquote>**NFPA 1600® ** \\