ASIS International and RIMS announced their collaboration on a joint Risk Assessment American National Standard, which will provide a basis for the process of conducting a successful, well-organized and documented risk assessment. Using a process approach consistent with ISO 31000 and the Plan-Do-Check-Act model, the Standard will include managing a risk assessment program, as well as conducting individual risk assessments. Annexes will provide examples of quantitative and qualitative methodologies for risk assessment. Committee formation is open November 15 - December 14.

ASIS and RIMS are seeking volunteers to form the standard’s technical committee. Committee participation will fall under one of three self-declared “interest categories” including general interest, producer/service provider, and user/manager. Membership composition will be balanced across these categories based on ANSI “balance” requirements; and consideration may be given on committee size. ASIS or RIMS membership is not a requirement for participation. Applications from interested parties will be accepted until COB on December 14.