ISO 31000 (International Organization for Standardization standard)

ISO 31000 is an international standard that provides a framework for managing risks within organizations. It helps organizations identify, assess, and prioritize potential risks that could impact their objectives. The standard promotes a systematic approach to risk management, encouraging continuous improvement and integrating risk practices into everyday decision-making. Its goal is to enhance decision quality, ensure safety, and support organizational resilience by balancing risk-taking with opportunity recognition, all while aligning with the organization's overall goals and strategies.