Risk Management and ISO 31000 - A pocket guide

INTRODUCTION

This pocket guide isn’t written for experts on risk management or, necessarily, experts on management systems. However, it does assume the importance of risk management to all organisations – big and small – and recognises that not having a formal process to identify, assess and control risk can lead to many issues, including difficulties in implementing management systems based on ISO standards. The ISO 9000 family of standards are process based, and this pocket guide will focus on how this broad approach works in a wider arena than a process focus would normally involve.

The absence of a risk-based approach to management might also lead to opportunities being missed or simply not being exploited to their full potential. Risk management ...