Explain in detail about ISO 31000 risk management?

in iso •  3 years ago 

ISO 31000 is an international standard published in 2009 that provides principles and guidelines for effective risk management.

It outlines a generic approach to risk management, which can be applied to different types of risks (financial, safety, project risks) and used by any type of organization.

ISO 31000, Risk management – Guidelines, provides principles, a framework and a process for managing risk. Using ISO 31000 can help organizations increase the likelihood of achieving objectives, improve the identification of opportunities and threats and effectively allocate and use resources for risk treatment.

ISO 31000 Risk Management certification helps you in identifying potential risks that could imperil the achievement of crucial objectives and understanding about risks that are essential to take in order to achieve primary objectives before they affect the business, while effectively keeping all other risks under control.

Risk Management is basically defined to establish a coordinated and economical application of resources that reduce, monitor, and regulate the probability and impact of unfortunate events. ISO 31000 Risk Manager certification empowers you with all the recommended risk management skill set and acknowledges you as a trained professional in the risk management field.

After you become certified ISO 31000 risk manager course session, you will have the following benefits which are as follow:

Gain competitive advantage – enhanced risk management will support achieving goals and objectives
Reduce costs through proper risk management
Respond to change effectively and find viable solutions
Create and protect the value
Increase the likelihood of achieving objectives
Productively identify the opportunities and threats
Identify and mitigate the risk throughout the organization
Gain stakeholder confidence and trust
Create a consistent basis for decision making and planning
I read some of the articles regarding this so thought i can answer this. I'm also having one reference for one course specifically designed for iso risk management certification The course name is iso risk management certification made by GSDC.
You can check the syllabus on following link:

https://www.gsdcouncil.org/certified-agile-scrum-master

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