ISO INTERNATIONAL STANDARD 17666 Second edition 2016-11-15 Space systems Risk management Systemes spatiaux-Managementdes risques Referencenumber IS0 17666:2016(E) @ IS0 2016 E"eqr[tkijvgf'd("WPG."E1"1gpqxc."8l"4:226"Ocftkf."Urckp*cn'tkijvu'tgugtxgf+"Ygf"Hgd’36*27<66<73WVE"4246 IS0 17666:2016(E) COPYRIGHTPROTECTEDDOCUMENT @ IS0 2016, Published in Switzerland All rights reserved. Unless otherwise specified, no part of this publication may be reproduced or utilized otherwise in any form or by any means, electronic or mechanical, including photocopying, or posting on the internet or an intranet, without prior written permission. Permission can be requested from either ISO at the address below or ISO's member body in the country of the requester. ISO copyright office Ch. de Blandonnet 8 . CP 401 CH-1214 Vernier, Geneva, Switzerland Tel. +41 22 749 01 11 Fax +41 22 749 09 47 copyright@iso.org www.iso.org ii IS02016-Allrightsreserved IS0 17666:2016(E) Contents Page Foreword ..iv Introduction. .. 1 Scope. ..1 2 Normative references 3 Terms, definitions and abbreviated terms ..1 3.1 Terms and definitions 1 4 Abbreviated terms 5 Principles of risk management .3 5.1 Risk management concept. .3 5.2 Risk management process. 5.3 Risk management implementation into a project .3 5.4 Risk management documentation. 4 6 The risk management process 6.1 Overview of the risk management process 4 6.2 Risk management steps and tasks .6 6.2.1 Step 1: Define risk management implementation requirements. .6 6.2.2 Step 2: Identify and assess the risks ..9 6.2.3 Step 3: Decide and act .9 6.2.4 Step 4: Monitor, communicate, and accept risks .10 7 Risk management implementation ..11 7.1 General considerations 11 7.2 Responsibilities 11 7.3 Project life cycle considerations. .12 7.4 Risk visibility and decision making .12 7.5 Documentation of risk management ..12 8 Risk management requirements ..13 8.1 General ..13 8.2 Risk management process requirements ..13 8.3 Risk management implementation requirements .15 Annex A (informative) Risk register example and ranked risk log example ..16 Annex B (informative) Risk management plan (DRD) ..18 Bibliography .20 iii rwwintk1nfl