On the origin of PCDS – (Probability consequence diagrams)

The development of parallel ISO “risk” standards series – ISO 31,000 and 27,000 and now Security Risk (28,001) versions, underlines the divergences in requirements from the different currently practising risk management communities. This is highlighted in the content of the series of ongoing web based discussions (Linked in) (Institute of Risk management, 2011). The contributions have been thoughtful, authoritative and illuminating and it is...