All About ISO 31000 Risk Management Systems
The ISO 31000 risk management system is a framework designed to help organisations build a systematic approach to the management of its risk. Developed by the International Organization for Standardization or ISO and first published in 2009, it was created in order to help develop standard ways for organisations to perform specific business risk management processes. By establishing a set of recognisable guidelines or frameworks for any business to follow, the ISO management standards give organisations a much better chance of being successful.