scope:

This document defines, extending the requirements of ISO 14300-1, the principles and requirements for integrated risk management on a space project. It explains what is needed to implement a projectintegrated risk management policy by any project actor, at any level (i.e. customer, first-level supplier, or lower-level suppliers).

This document contains a summary of the general risk management process, which is subdivided into four (4) basic steps and nine (9) tasks. The implementation can be tailored to project-specific conditions.

The risk management process requires information exchange among all project domains and provides visibility over risks, with a ranking according to their criticality for the project; these risks are monitored and controlled according to the rules defined for the domains to which they belong. The fields of application of this document are all the space project phases. A definition of project phasing is given in ISO 14300-1.

When viewed from the perspective of a specific programme or project context, the requirements defined in this document are tailored to match the genuine requirements of a particular profile and circumstances of a programme or project.

NOTE Tailoring is a process by which individual requirements or specifications, standards, and related documents are evaluated and made applicable to a specific programme or project by selection, and in some exceptional cases, modification and addition of requirements in the standards.