ISO 31000 – Risk Management
ISO 31000 international standard provides guidance to develop,implement and continuosely improve a frame work to integrate the process of managing risk into all activities of the organization including governance,management,planning,policies and values.The standard is generic,applicable to all types of risks,at all times,pretaining to entire organization,to all its areas and all levels and to specific functions,projects and activities.
ISO 31000 Benefits :-
- Adopt proactive management policies to identify and manage risks at all levels and in all actvities
- Comply with all necessary legal and regulatory requirements and international norms.
- Improve governance and operational efficiency with probability of achievement of objectives
- improve stakeholder’s trust and confidence