Safety and Loss Prevention

Guiding Principles on Management of Risk

Guiding Principles on Management of Risk

21st June 2023

The IChemE's Major Hazards Committee has issued new guidance on how engineers should manage risk.

This follows the UK's Engineering Council providing new guidance on risk in 2021, aligned with the ISO 31000 standard, 'Risk Management'.

IChemE believes that how ISO 31000 defines risk diverges from the definition which is generally accepted in the safety-related regulatory environment and by engineers in the process industries.

Please find IChemE's guidance here.  Wider information about IChemE's Major Hazards Committee, which coordinates IChemE's work on this Priority topic can be found here.

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