IEC 31010:2019
Clause 6.5: Apply results to support decisions – IEC 31010:2019

IEC 31010:2019 6.5.3: 6.5.3 Decisions that involve selecting between options

Choosing between options weighs advantages and disadvantages while accounting for uncertainties in outcomes and in cost and benefit estimates, events that could affect results, differing stakeholder values and the reliability of judgements drawn from risk analysis, including whether objectives and criteria will stay the same. Decisions typically use expert judgement informed by analysis of options and their risks, considering trade-offs between objectives, risk appetite and stakeholder attitudes.

Maintained by Gerard Blokdyk

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