Regulations, Codes, Industry Standards, Company Standards, Industry Information, Commercial Information, and Analysis
The relationship between regulations, codes, industry standards, company standards, industry information, commercial information and analysis is shown in the sketch. They are shown in descending order of priority: regulations carry more authority than codes, which in turn have more authority than industry consensus standards and professional guidance and analysis.
The boundaries between the categories shown in Figure 2 are fuzzy — a good deal of over-lap exists between them. For example, some regulations incorporate codes and industry standards into their language, thus effectively giving those ‘voluntary’ standards the force of law. Some thoughts to do with each of these categories are as follows.
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