Risk Management’s Standard of Practice

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ISO 31000 (published in the United States as ISO/ANSI/ASSE 31000) is the only international standard for the practice of risk management. It was issued in December of 2009, by an international working group that included technical advisors from 26 countries. ISO 31000 was intended to be a guide for practitioners, decision makers, policy makers and those interested in risk management. It provides a framework for organizations wanting to manage risk consistently, efficiently and effectively.