Learn in the textbookMajor International and Domestic Standards
DefinitionJIS Q 31000 is the Japanese national standard that sets out the principles and process of risk management.
ExplanationIt is the Japanese version of the international standard ISO 31000 and is written as guidelines that any organization can use regardless of industry or size. JIS Q 31000:2019 defines risk as "the effect of uncertainty on objectives" and lays out a flow in which a risk assessment (リスクアセスメント), covering the identification, analysis, and evaluation of risks against criteria, comes first and its results shape the risk treatment.
AnalogyIt is like listing your worries before a trip, such as bad weather or forgetting something, ranking them by how likely and how troublesome they are, and arranging insurance and a backup plan.
Memory hookThe Q in JIS Q is a JIS division letter that stands for the management system field.