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Managing risk in projects. Application guidelines Ingestion-build-239834 Why should you use BSWhat is BS EN 62198 Risk management guidelines about? BS EN 62198 is a technical specification that provides principles and generic guidelines on managing risk and uncertainty in projects. BS EN 62198 describes a systematic approach to managing risk in projects based on ISO 31000, Risk management Principles and guidelines. Guidance is provided on the principles for managing risk in projects, the framework and organizational requirements for