Management of risk

Published June 2015
Effective from 25 September 2015
Reissued March 2025

This practice information provides a reference point for professionals on the discipline of risk management.

Effective from 25 September 2015, the document provides details of the general principles of risk management and practical applications and considerations for successful implementation.

This practice information includes:
• key principles of risk management
• response/mitigation strategies and
• risk identification techniques.

This document was reissued in March 2025 as RICS practice information. It had previously been published in June 2015 as an RICS guidance note. No material changes have been made to the document.