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Question: ISO 31000:2018 Risk Management

Answer: ISO 31000:2018 is for use by people who create and protect value in organizations by managing risks,
making decisions, setting and achieving objectives and improving performance.
Organizations of all types and sizes face external and internal factors and influences that make it
uncertain whether they will achieve their objectives.
Managing risk is iterative and assists organizations in setting strategy, achieving objectives and making
informed decisions.
Managing risk is part of governance and leadership, and is fundamental to how the organization is
managed at all levels. It contributes to the improvement of management systems.
Managing risk is part of all activities associated with an organization and includes interaction with
stakeholders.
Managing risk considers the external and internal context of the organization, including human
behaviour and cultural factors.

(Source: , 02 Mar 2023)

Source Link: https://shahrdevelopment.ir/wp-content/uploads/2020/03/ISO-31000.pdf