This document has been re-assessed by the committee, and judged to still be up to date.
In Australia this standard has been revised and redesignated as AS ISO 31000:2018. In New Zealand AS/NZS ISO 31000:2009 remains current until further notice.
Providing principles and generic guidelines on risk management, this Standard can be used by any public, private or community enterprise, association, group or individual, and is not specific to any industry or sector. It can be applied throughout the life of an organization, and to a wide range of activities, including strategies and decisions, operations, processes, functions, projects, products, services and assets. Although the Standard provides generic guidelines, it is not intended to promote uniformity of risk management across organizations. The design and implementation of risk management plans and frameworks will need to take into account the varying needs of a specific organization, its particular objectives, context, structure, operations, processes, functions, projects, products, services, or assets and specific practices employed. Organizations with existing risk management processes can use this Standard to critically review, align and improve their existing practices. Identical to and reproduced from ISO 31000:2009.
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