This International Standard provides principles and generic guidelines on implementation of risk management.This International Standard can be applied to any public, private or community enterprise, association, group or individual. Therefore, this International Standard is generic and not specific to any industry or sector.NOTE For convenience, all the different addressees of this International Standard are referred to by the general term “organization”.This International Standard can be applied throughout the life of an organization, and to a wide range of activities, processes, functions, projects, products, services, assets, operations and decisions.Alt