Practical sheet | REF: FIC0448 V1

Understanding ISO 31000 – Risk management – Guidelines

Author: Olec KOVALEVSKY

Publication date: June 10, 2023 | Lire en français

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    Overview

    Read this article from a comprehensive knowledge base, updated and supplemented with articles reviewed by scientific committees.

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    AUTHOR

    • Olec KOVALEVSKY: Consultant-trainer, manager of AVANTAGE QUALITÉ since 1997 - Consulting and training in organization, process approach and quality for companies in the private and public sectors, specializing in VSEs – SMEs - ISO 9001, MASE, ISO 14001 certification support - ISO 9001 quality system audits - ICA/AFNOR qualified auditor

     INTRODUCTION

    ISO 31000, the risk management standard, takes up the challenge of providing a common foundation for the multitude of risk management methods and practices specific to the sector or activity concerned. The first version of this standard dates back to 2009, and was revised in 2018. It provides an applicable framework, whatever the sector, size or activity of the organization concerned, for the implementation of relevant and effective risk management that contributes to the organization's sustainability.

    In this fact sheet, you will discover this reference framework structured in three parts answering the following questions:

    • What are the principles of risk management?

    • What is the organizational framework for risk management?

    • What are the risk management processes?

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