ISO 31000:2018 Risk Management

ISO 31000:2018 is a standard for risk management that provides principles. We offer a structured framework and process to handle risks in an organized, relaxed, and dependable way.

Organizations may face various risks that could impact their economic performance, professional reputation, and environmental, safety, and societal outcomes. Managing risks efficiently can enable organizations to thrive in an uncertain environment. The standard ISO 31000:2018 offers guidelines, framework, and a process for managing risk, which organizations of any size, activity, or sector can apply.

Using ISO 31000 can enhance an organization’s ability to achieve objectives, identify threats and opportunities, and allocate and use resources effectively for risk management. Every decision in life involves some level of risk, but certain decisions require a structured approach. For example, a senior executive or government official may need to make risk judgments about complex situations. A risk management strategy is a fundamental component of organizational governance and leadership.

These are the significant updates in the latest edition:

The principles of risk management, which are crucial for its success, have been reviewed.
The emphasis is now on top management’s leadership in integrating risk management into all organizational activities, beginning with governance.
Risk management is now recognized as an iterative process that draws on new experiences, knowledge, and analysis to revise process elements, actions, and controls at every stage.
The content has been streamlined, emphasizing an open systems model that regularly exchanges feedback with its external environment to adapt to multiple needs and contexts.

The Process

Achieving your ISO certification and winning new business is quick and easy. Green World Group’s 17 years of business can help you attain this easily.

ISO certification

Green World Group’s Assured Support

Green World Group understands that getting certified can seem daunting. However, our team of experts is committed to making the process as seamless as possible while helping you achieve the greatest possible benefits.

To ensure smooth operations, you will be provided with the following:

Upon commencing proceedings, you will receive a Letter of Commitment.
An Auditor will be assigned to you for the duration of the process
An Account Manager will be available to address any inquiries you may have.
You will have access to complimentary generic template toolkits and professional online training.