ISO 31000 is a family of standards developed by the International Organization for Standardization relating to risk management. It provides principles and guidelines for organizations to manage risks that could negatively impact their economic performance and reputation. The standards aim to provide a universally recognized framework to replace existing varied approaches. ISO has published five standards within the ISO 31000 family so far, and has four more under development or in proposal stages.
ISO 31000 is a family of standards developed by the International Organization for Standardization relating to risk management. It provides principles and guidelines for organizations to manage risks that could negatively impact their economic performance and reputation. The standards aim to provide a universally recognized framework to replace existing varied approaches. ISO has published five standards within the ISO 31000 family so far, and has four more under development or in proposal stages.
ISO 31000 is a family of standards developed by the International Organization for Standardization relating to risk management. It provides principles and guidelines for organizations to manage risks that could negatively impact their economic performance and reputation. The standards aim to provide a universally recognized framework to replace existing varied approaches. ISO has published five standards within the ISO 31000 family so far, and has four more under development or in proposal stages.
SO 31000 is a family of standards relating to risk management codified by the International
Organization for Standardization. ISO 31000:2018 provides principles and generic
guidelines on managing risks that could be negative faced by organizations as these could have consequence in terms of economic performance and professional reputation. ISO 31000 seeks to provide a universally recognized paradigm for practitioners and companies employing risk management processes to replace the myriad of existing standards, methodologies and paradigms that differed between industries, subject matters and regions. For this purpose, the recommendations provided in ISO 31000 can be customized to any organization and its context [1]. As of 2020, ISO/TC 262, the committee responsible for this family of standards, has published five standards, while four additional standards are in the proposal/development stages. Published standards:
• ISO 31000:2018 - Risk management - Guidelines
• ISO/TR 31004:2013 - Risk management - Guidance for the implementation of ISO 31000 • IEC 31010:2019 - Risk management - Risk assessment techniques • ISO 31022:2020 - Risk management - Guidelines for the management of legal risk • ISO 31030:2021 Travel risk management — Guidance for organizations • IWA 31:2020 - Risk management - Guidelines on using ISO 31000 in management systems Standards under development:
• ISO/AWI 31073 - Risk management - Vocabulary
• ISO/WD 31050 - Guidance for managing emerging risks to enhance resilience • ISO/CD 31070 - Risk management - Guidelines on core concepts ISO also designed its ISO 21500 Guidance on Project Management standard to align with ISO 31000:2018.[1]