ISO 31000

(Risk management)

The long-term success of an organization relies on many things, from continually assessing and updating their offering to optimizing their processes. As if this weren’t enough of a challenge, they also need to account for the unexpected in managing risk. That’s why we’ve developed ISO 31000 for risk management.

In addition to addressing operational continuity, ISO 31000 provides a level of reassurance in terms of economic resilience, professional reputation and environmental and safety outcomes. In a world of uncertainty, ISO 31000 is tailor-made for any organization seeking clear guidance on risk management.

Why ISO 30001?

ISO 31000 seeks to help organizations take a methodical approach to risk management by doing three key things: identify risks; evaluate the probability of an event tied to an identified risk occurring; and. determine the severity of the problems caused by the event occurring.

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ISO 31000, Risk management – Guidelines, provides principles, a framework and a process for managing risk. It can be used by any organization regardless of its size, activity or sector.Using ISO 31000 can help organizations increase the likelihood of achieving objectives, improve the identification of opportunities and threats and effectively allocate and use resources for risk treatment.However, ISO 31000 cannot be used for certification purposes, but does provide guidance for internal or external audit programmes. Organizations using it can compare their risk management practices with an internationally recognized benchmark, providing sound principles for effective management and corporate governance.