Key Risk Management Standard Updated

(ISO: Geneva) -- ISO/IEC/IEEE 16085—“Systems and software engineering—Life cycle processes—Risk management” provides a universally applicable standard for practitioners responsible for managing risks associated with systems and software during their life cycle. It has recently been revised to align with updates of other related standards, as well as to include new content related to risk management challenges inherent to large, complex systems-engineering programs and projects.

The new standard provides information on how to design, develop, implement, and continually improve risk management in a systems and software engineering project throughout its life cycle. It elaborates on the risk management process described in International Standards ISO/IEC/IEEE 15288—“Systems and software engineering—System life cycle processes” and ISO/IEC/IEEE 12207—“Systems and software engineering—Software life cycle processes.”

By providing a comprehensive reference for integrating the wide variety of processes, practices, techniques, and tools encountered in systems and software engineering projects and other life-cycle activities, ISO/IEC/IEEE 16085 enables a unified approach to risk management.

ISO/IEC/IEEE 16085 was developed by the joint ISO and IEC (International Electrotechnical Commission) technical committee ISO/IEC JTC 1, Information technology, subcommittee SC 7, Software and systems engineering, the secretariat of which is held by BIS, ISO’s member for India. The standard was prepared in cooperation with the Institute of Electrical and Electronics Engineers (IEEE).

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