ISO 31000:2018

ISO 31000:2018 provides principles, a framework and a process for managing risk. Public, private and community enterprises can all benefit from ISO 31000:2018 because it covers most business activities, including research, planning, management, and communications.

Implementing ISO 31000:2018 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.

What are the benefits of attaining ISO 31000:2018 Standard?

• It can be used by organizations to compare their risk management practices with an internationally recognised benchmark, providing sound principles for effective management and corporate governance.
• It is a clear indicator to your customers and other stakeholders that as an organization, you are committed to managing risks in every part of your business.
• It increased public confidence in the organization as it demonstrates your management capabilities in protecting your business from internal and external threats.
• ISO 31000:2018 Certification helps to provide guidance for internal or external audit programs.
• In competitive bidding for commercial tenders, it will enhance your company’s reputation and give you a competitive advantage.