ISO 31000 Enterprise Risk Management System

ISO 31000 Enterprise Risk Management System Standard Scope


Organizations that manage risks effectively are more likely to protect themselves and grow. The challenge for all companies is to integrate good practice into their day-to-day operations and apply their corporate methods to a wider angle. 

According to this definition, the most important stage of risk management is the risk assessment process. Making an accurate risk assessment provides the organization's decision-making bodies and those in charge with a wide flow of information on all possible risks that may have a negative impact on the achievement of the objectives. The information obtained from the risk assessment process is the source for decision-making. At this point, according to the evaluation results, the risk will be identified, perceived and recorded. The situations that will affect the objectives will be determined in this way.

In the ISO 31000 Enterprise Risk Management System standards, people may be injured, their health deteriorated or they may be the environment for the realization of these situations, the occurrence of any activity or event caused by, identifiable negative physical or mental situation, injury, potential to cause health deterioration or death, is the event that causes health deterioration or death, the risks that may arise during the operations of the businesses can be identified and evaluated carefully and in detail, and measures are taken to minimize or eliminate these risks and so on. all topics are covered.

On the other hand, in the fourth article, which defines the general framework of the system, besides general rules, orders and adherence, framework design for risk management, risk management policy formation, responsibility, integration with organizational processes, resources, internal communication and external communication reporting mechanisms, the risk management process is put into effect. and monitoring and reviewing the system; and continuous improvement of the system.

In the fifth article of the standards, communication and consultancy, internal and external context formation, context of risk management process, definition of risk criteria, risk definition, risk analysis and risk assessment, determination of risk processing options, preparation and implementation of risk processing plans, monitoring and a review and record of the risk management process.





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