Moving from defining risk to defining project risk management plans

Risk is usually understood as a "future event with the potential to cause damage". This common understanding has been refined by standards, ISO (31000, 51, 73, etc.) or others (IEC 63198, etc.), sector-specific regulations (Seveso, REACh, ATEX, etc.) and reference documents, particularly in the project field: PMBOK Guide, etc.

Despite some semantic differences, there is consensus on the processes involved in risk management, whatever they may be. Although presented sequentially, they can take place simultaneously, especially when documented feedback is available.