ISO 31000:2009, Risk management

ISO31000The ISO 31000:2009 is a standard published on the 13th of November 2009, and provides a standard on the implementation of risk management which provides principles, 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.

ISO 31000 family is expected to include:

* ISO 31000:2009 – Principles and Guidelines on Implementation
* ISO/IEC 31010:2009 – Risk Management – Risk  Assessment Techniques
* ISO Guide 73:2009 – Risk Management – Vocabulary

For more details, read this article published on Slideshare:

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