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ISO 31000 is a set of international standards for risk management.It was developed in November 2009 by International Organization for Standardization. [1] The goal of these standards is to provide a consistent vocabulary and methodology for assessing and managing risk, resolving the historic ambiguities and differences in the ways risk are described.
ISO 31000 is an International Standard for Risk Management which was published on 13 November 2009, and updated in 2018. An accompanying standard, ISO 31010 - Risk Assessment Techniques, soon followed publication (December 1, 2009) together with the updated Risk Management vocabulary ISO Guide 73.
ISO 31000:2018 Risk management – Principles and guidelines; ISO/TR 31004:2013 Risk management – Guidance for the implementation of ISO 31000; ISO/IEC 31010:2009 Risk management – Risk assessment techniques; ISO 31030:2021 Travel risk management — Guidance for organizations; ISO/IEC/IEEE 31320 Information technology – Modeling Languages
Example of risk assessment: A NASA model showing areas at high risk from impact for the International Space Station. Risk management is the identification, evaluation, and prioritization of risks, [1] followed by the minimization, monitoring, and control of the impact or probability of those risks occurring. [2]
ISO/IEC 31010 is a standard concerning risk management codified by The International Organization for Standardization and The International Electrotechnical Commission (IEC). The full name of the standard is ISO.IEC 31010:2019 – Risk management – Risk assessment techniques.
ISO 31000 defines risk appetite as the "amount and type of risk that an organization is willing to pursue or retain." [3]Risk appetite is burdened by inconsistent or ambiguous definitions, but rigorous risk management studies have helped remedy the lack of consensus. [4]
ISO/TR 11633-1:2009 Part 1: Requirements and risk analysis; ISO/TR 11633-2:2009 Part 2: Implementation of an information security management system (ISMS) ISO/TR 11636:2009 Health Informatics – Dynamic on-demand virtual private network for health information infrastructure; ISO 11648 Statistical aspects of sampling from bulk materials
List of ISO standards; List of ISO standards 1–1999; List of ISO standards 2000–2999; List of ISO standards 3000–4999; List of ISO standards 5000–7999; List of ISO standards 8000–9999; List of ISO standards 10000–11999; List of ISO standards 12000–13999; List of ISO standards 14000–15999; List of ISO standards 16000–17999