Risk management Standard new guidance document proposed

A new work item is being proposed for the International Organization for Standardization (ISO) to provide implementation guidance to the risk management framework and process defined in ISO 31000:2009 Risk management – Principles and guidance.

The purpose of this work item would be to develop a guidance document that provides greater detail and information on how to establish risk management in any organisation. The work would build on core elements of ISO 31000:2009.

The guidance document may include additional information on:

  • implementing risk management framework and process
  • risk management strategy
  • developing a risk management culture
  • building capability and competence
  • treating and managing the identified risks
  • governance
  • improving an organisation's performance of its risk management
  • maximising opportunities and minimising losses in the organisation.

To learn more about this proposed new work item please email isoadmin@standards.co.nz.

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