1. Knowledge Partner
Fhyzics Business Consultants Pvt.Ltd.
Mr. Venkadesh Narayanan
President, PDMA-India
Principal Consultant, Fhyzics
Business Consultants Pvt. Ltd.
Building Product Safety
using ISO 31000
12. 12
Creates value
Integral part of organizational processes
Part of decision making
Explicitly addresses uncertainty
Systematic, structured and timely
Based on the best available information
Tailored
Takes human and cultural factors into account
Transparent and inclusive
Dynamic, iterative and responsive to change
Facilitates continual improvement and enhancement of the organization
Principles
www.pdma-india.in
13. Design of
Framework for
Managing Risk
Implementing
Risk
Management
Continual
Improvement of
the Framework
Monitoring and
Review of the
Framework
Mandate and
Commitment
Framework
13 www.pdma-india.in