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The University of Southampton
Centre for Risk Research

Centre to Contribute to National Risk Management Standards Work

Published: 18 September 2014
Matthew Leitch

Matthew Leitch, a visiting lecturer at the University of Southampton, will represent the Centre for Risk Research on the committee responsible for risk management standards at the British Standards Institution.

Front cover of code of pratice
The Code of Practice (2011)

The British Standards Institution has several committees with an interest in risk. The committee looking at risk management in general is RM/1 and is involved with international standardisation efforts and, over the past several years, has developed a British standard, BS 31100:2011 Risk management – Code of practice. Matthew Leitch is long-time member of the committee and was previously a co-opted expert, receiving two Distinguished Service Certificates. One of these was for his work on the first edition of BS 31100, issued in 2008, and the other was for his work on the revised version issued in 2011.

Commenting on the value of having the Centre involved, Matthew said, “National and international standards on risk management at present tend to focus heavily on stand-alone bureaucratic procedures for listing and managing risks, so there’s a lot of scope for improvement. The Centre’s collective expertise in decision-making, management science, cultural and cognitive aspects of risk management, case studies, and knowledge of alternative approaches to managing risk will be highly relevant to standards development. It’s just what we need.”

RM/1’s work at the moment is focused on the ongoing revision of ISO 31000:2009, a well-known international standard for generic risk management. Other work items written as British Standards are under consideration.

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