#ISO 31000 RISK MANAGEMENT PPT ISO#

be aware of the need to identify and treat risk throughout the organisation.

increase the likelihood of achieving objectives.

The management of risk enables you to, for example: It is part of governance and leadership and is fundamental to how an organisation is managed at all levels. It assists organisations in setting strategy, achieving objectives and making informed decisions. Organisations of all types and sizes face external and internal factors and influences that make it uncertain whether they will achieve their objectives.

relevant to the larger goals or context and.

achievable within the constraints imposed by the context.

measurable either qualitatively or quantitatively.

To the extent practicable, your objectives should be: Risk can affect one or more of your objectives, or what might happen. The simplest definition of risk is вЂњuncertainty that mattersвЂќ. It must exist in relation to the achievement of your objectives. Risk can only be meaningfully defined in relation to objectives because it relates to the effect of uncertainty on objectives that have a potential consequence вЂ“ good or bad вЂ“ on your success. The notion of risk is closely linked to uncertainty. In the context of this risk management standard, вЂriskвЂ™ is defined as вЂthe effect of uncertainty on objectivesвЂ™.

Create and protect value by managing risks.

#ISO 31000 RISK MANAGEMENT PPT ISO#

ISO 31000 can be used by anyone вЂ“ individuals, groups of people, families, teams, organisations and governments вЂ“ who wants to: These guidelines can be customised to any situation and applied to any activity, including decision-making.

The international risk management standard, ISO 31000:2018 Risk management - Guidelines, provides guidelines on managing risk.

Iso 31000 risk management ppt