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ISO 31000: Risk Management Guidelines, Principles of Risk Management -…
ISO 31000: Risk Management Guidelines
Risk Management Framework
Leadership and commitment
Integration into governance and strategy
Design aligned to organizational context
Implementation through policies and resources
Evaluation of effectiveness
Continuous improvement
Risk Management Process
Communication and consultation
Establishing the context
Risk identification
Risk analysis
Risk evaluation
Risk treatment
Monitoring and review
Principles of Risk Management
Creates and protects value
Considers human and cultural factors
Focuses on continual improvement
Structured and comprehensive
Customised to the organisation
Integrated into all organizational activities
Based on best available information
Dynamic and responsive to change