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The new version of ISO 31000:2018 Risk Management Standard has been published on February 15th 2018. It is now available in English and French on ISO website and ISO's member bodies. You can also preview several clauses of the Standard (in English and French). In the Press release ISO pointed out the major changes since the previous edition: 'Review of the principles of risk management, which are the key criteria for its success Focus on leadership by top management who should ensure that risk management is integrated into all organizational activities, starting with the governance of the organization Greater emphasis on the iterative nature of risk management, drawing on new experiences, knowledge and analysis for the revision of process elements, actions and controls at each stage of the process Streamlining of the content with greater focus on sustaining an open systems model that regularly exchanges feedback with its external environment to fit multiple needs...

This Methodical Manual summarizes 15 years of field risk management experience at the workplace. For the organization, the regulatory framework for actions to address risks and opportunities in the Quality Management System (QMS) consists of: ISO 9001:2015 cl.6.1 requirements - relevant to the entire QMS , ISO 9001:2015 cl.4.4.1.f requirements - relevant to the process , ISO 31000 Guidelines - relevant to the entire QMS . Based on the good industrial practice, it is advisable to carry out actions to address risks and opportunities on two levels and, therefore, describe them in two documents. >>Level 1 - the entire QMS Document 1 - QSP 6.1-01 ‘Actions to address risks and opportunities’ Describes risk management process, including four sub-processes:  - ‘Planning of actions to address risks and opportunities. Project of risk management framework’;  - ‘Integration and implementation of actions to address risks and opportunities in...