Enterprise Risk Management

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Licensed to Grant Purdy on 05 Sep 2004. For Committee OB-007 use only

AS/NZS 4360:2004

Australian/New Zealand Standard®


Licensed to Grant Purdy on 05 Sep 2004. For Committee OB-007 use only

Risk management
AS/NZS 4360:2004

This Joint Australian/New Zealand Standard was prepared by Joint Technical Committee OB-007, Risk Management. It was approved on behalf of the Council of Standards Australia on 21 July 2004 and on behalf of the Council of Standards New Zealand on 20 August 2004. This Standard was published on 31 August 2004. The following are represented on Committee OB-007: Australian Computer Society Australian Customs Service Australia New Zealand Institute of Insurance and Finance CSIRO (Commonwealth Scientific and Industrial Research Organisation) Department of Defence (Australia) Department of Finance and Administration Emergency Management Australia Environmental Risk Management Authority (New Zealand) Institute of Chartered Accountants (Australia) Institution of Engineers Australia Institution of Professional Engineers New Zealand Local Government New Zealand Massey University (New Zealand) Minerals Council of Australia Ministry of Agriculture and Forestry (New Zealand) Ministry of Economic Development (New Zealand) NSW Treasury Managed Fund New Zealand Society for Risk Management Risk Management Institution of Australasia Safety Institute of Australia Securities Institute of Australia University of New South Wales Victorian WorkCover Authority Water Services Association of Australia This Standard was issued in draft form for comment as DR 03360. Originated as AS/NZS 4360:1995. Second edition 1999. Third edition 2004

Keeping Standards up-to-date
Licensed to Grant Purdy on 05 Sep 2004. For Committee OB-007 use only

Standards are living documents which reflect progress in science, technology and systems. To maintain their currency, all Standards are periodically reviewed, and new editions are published. Between editions, amendments may be issued. Standards may also be withdrawn. It is important that readers assure themselves they are using a current Standard, which should include any amendments which may have been published since the Standard was purchased. Detailed information about joint Australian/New Zealand Standards can be found by visiting the Standards Web Shop at www.standards.com.au or Standards New Zealand web site at www.standards.co.nz and looking up the relevant Standard in the on-line catalogue. Alternatively, both organizations publish an annual printed Catalogue with full details of all current Standards. For more frequent listings or notification of revisions, amendments and withdrawals, Standards Australia and Standards New Zealand offer a number of update options. For information about these services, users should contact their respective national Standards organization. We also welcome suggestions for improvement in our Standards, and especially encourage readers to notify us immediately of any apparent inaccuracies or ambiguities. Please address your comments to the Chief Executive of either Standards Australia International or Standards New Zealand at the address shown on the back cover.

ISBN 0 7337 5904 1 © Standards Australia/Standards New Zealand All rights are reserved. No part of this work may be reproduced or copied in any form or by any means, electronic or mechanical, including photocopying, without the written permission of the publisher. Jointly published by Standards Australia International Ltd, GPO Box 5420, Sydney, NSW 2001 and Standards New Zealand, Private Bag 2439, Wellington 6020.

AS/NZS 4360:2004 Risk management

This Standard was prepared by the Joint Standards Australia/ Standards New Zealand Committee OB-007, Risk Management as a revision of AS/NZS 4360:1999, Risk management. It provides a generic framework for establishing the context, identifying, analysing, evaluating, treating, monitoring and communicating...
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