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ISO 31000 - Coggle Diagram
ISO 31000
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Planning and designing There are a number of factors that should be
considered when designing and planning an ERM
initiative
: Implementing and benchmarking Risk assessment is a fundamentally important part
of the risk management process
Measuring and monitoring It is frequently the case that risk assessments are
recorded in a risk register
Learning and reporting Completing the feedback loop on the risk
management process involves the important steps of learning from experience and reporting on
performance
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Risk assessment Risk identification establishes the exposure of the
organisation to risk and uncertainty.
Risk treatment Risk treatment is presented in ISO 31000 as the
activity of selecting and implementing appropriate
control measures to modify the risk