How does the ISO 31000 process help with risk management?

The principles say what good risk management looks like, and the framework sets the organisation up. The process is the part you actually do: the steps people follow to find, understand and deal with risk in a decision, a project or a whole business.

In this fourth Risk Essentials episode you’ll walk through the six steps of the ISO 31000 process: communication and consultation; scope, context and criteria; risk assessment (identify, analyse, evaluate); risk treatment; monitoring and review; and recording and reporting. For each step you’ll see what it looks like when it’s done well, and the warning sign that it’s only being done on paper.