Research Article
Risk Management (2005) 7, 53–66; doi:10.1057/palgrave.rm.8240227
A Comparative Review of Risk Management Standards
- 1Director of the Henry Crown Institute of Business Research in Israel; Professor of Management in the Faculty of Management, Leon Recanati School of Business Administration, Tel Aviv University; email: tzvir@tauex.tau.ac.il
- 2Director, Risk Doctor & Partners, Petersfield, UK; email: david@risk-doctor.com
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Abstract
We present and compare nine major standards for risk management, in terms of their scope, process steps and specific emphasis. We discuss their commonalities and differences, point out how they complement each other, and draw conclusions for future standards work in the risk management area.
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