ISO 31000: The international framework for turning risk into strategic decisions
ISO 31000 Risk Management System is an international standard issued by the International Organization for Standardization (ISO). It is not a certification, but rather a set of comprehensive guidelines and principles that help any organization develop and implement an effective risk management system,aimed at making better decisions, improving performance, and enhancing trust by integrating risk management into all processes.
The standard is based on three main components:
- Principles (to establish a risk management culture)
- Framework (to ensure leadership and commitment)
- Thesystematic process (to identify, assess and address risks).
Expert Development’s methodology to qualify you for ISO 31000
We provide a clear and controlled workflow to ensure your successful implementation of a risk management system, starting with assessment and ending with international accreditation:
1.Gap Analysis
We conduct specialized site visits to assess your organization’s current risk management practices. The goal is to clearly identify the gaps between your current situation and the requirements of ISO 31000 to build an accurate action plan.
2. Capacity building and internal team training
We launch an intensive training plan to fully qualify your team. We focus on equipping the internal team (including risk owners and internal auditors) with the skills and knowledge needed to implement risk management and conduct effective internal audits.
3. Documentation and risk framework design
We support your team in draftingand documenting all the key elements of the system. This includes the development of structure, policies, procedures, and risk registers in strict alignment with the international standard and your organization’s business context.
4. Overseeing internal reviews
To ensure operational readiness, we oversee Internal Audits. This step is critical to assess the effectiveness of the system in place and identify any weaknesses or the need for corrective actions prior to the external audit.
5. Final preparation for the donor visit
We take care of the full preparation for the certification visit. Our goal is to ensure that you pass the external audit with flying colors and achieve ISO 31000 accreditation.
The end result: Partnering with Development Experts ensures that you don’t just get certified, you build an integrated risk management system that becomes an integral and sustainable part of your organization’s culture and decisions.
