Skip to content
- ISO 31000: 2018 is an international guidance standard for Risk management
- This second edition cancels and replaces the first edition (ISO 31000:2009) which has recently been technically revised.
- The updated standard focuses upon:
-
- Review of the principles of risk management, which are the key criteria for its success
- Highlighting of the leadership by top management and the integration of risk management, starting with the governance of the organization;
- Greater emphasis on the iterative nature of risk management, noting that new experiences, knowledge and analysis can lead to a revision of process elements, actions and controls at each stage of the process;
- Streamlining of the content with greater focus on sustaining an open systems model to fit multiple needs and contexts.
