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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
Book Now
www.pdma-india.in
Sep 29
1982
Building Product
Safety Using ISO 31000
5www.pdma-india.in
Products
Projects
Process
SBUs
Enterprise
6www.pdma-india.in
Risk Management
7
Risk Management
Organization ObjectivesUncertainty
Risk
www.pdma-india.in
Event No
Consequence No
Event Yes
Consequence No
Event Yes
Consequence Yes
8www.pdma-india.in
Risk Management
Risk Management
Risk Owner
9
Risk
Consequences
Risk EventsRisk Sources
www.pdma-india.in
Risk
Identification
Historical Data
Theoretical Analysis
Experts Opinions
Stakeholder Needs
10 www.pdma-india.in
Risk Management
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
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
Process
Establishing the Context
Risk Identification
Risk Analysis
Risk Evaluation
Risk Treatment
14 www.pdma-india.in
Thank
You
www.pdma-india.in

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Building Product Safety using ISO 31000