Risk with a positive and negative impact

Answer:

ISO 9000:2015 defines Risk as the effect of uncertainty. Then, in a note adds that an effect is a deviation from the expected - positive or negative. So, ISO 9000:2015 accepts the use of the general word risk both for negative and positive impact. Although when one use the words risk and opportunity is much more easy to distinguish positive from negative effects – remember that many organizations use different methods to evaluate risks and opportunities. For example, many organizations use probability as a factor to evaluate risks and others use effort as factor to evaluate opportunities.

The f ollowing material will provide you information about the risk-based approach:

- ISO 9001 – How to address risks and opportunities in ISO 9001 - https://advisera.com/9001academy/blog/2016/06/21/how-to-address-risks-and-opportunities-in-iso-9001/
- Risk-based thinking replacing preventive action in ISO 9001:2015 – The benefits - https://advisera.com/9001academy/knowledgebase/risk-based-thinking-replacing-preventive-action-in-iso-90012015-the-benefits/
- ISO 9001:2015 Risk Management Toolkit - https://advisera.com/9001academy/iso-90012015-risk-management-toolkit/
- free online training ISO 9001:2015 Foundations Course – https://advisera.com/training/iso-9001-foundations-course/
- book - Discover ISO 9001:2015 Through Practical Examples - https://advisera.com/books/discover-iso-9001-2015-through-practical-examples/