AS/NZS 4360

AS/NZS 4360 is a standard from Australia and New Zealand that provides a structured approach to risk management. It outlines the process of identifying, assessing, and managing risks in various contexts, whether for organizations, projects, or operations. The goal is to minimize potential negative impacts while taking advantage of opportunities. The standard encourages a systematic and proactive way to deal with uncertainties, helping organizations make informed decisions and enhance resilience against challenges. This framework is applicable across different sectors, promoting effective risk management practices to safeguard objectives and resources.