INTERNATIONAL Iso STANDARD 31000 First ociton 2000-14-15 Risk management zFaineiptes and guidelines & Management du risque — Principes et lignes directrices Reference number 180 31000-20051) 8 180 2008ISO 31000:2009(E) Ics 03.10.01 Price bated on 24 pages © 180 2009Al rifts reservedINTERNATIONAL STANDARD 180 31000:2009(E) Risk management — Principles ani 1 Scope This international Standard provides principles and genaric guidelines on risk management Thie International Standard can be usad by any public, private or community enterprise, association, group or individual. Therefore, this international Standard Is not specific to any industry ar sector. NOTE For convenience, all he alterent users of tis Interrational Standard are reterred to by ine general term ‘organization’ Thie International Standard can te applied throughout the life of sn organization, and to a wide range of activities, Molucing strategies and decsions, operations, processes, functions, projects, products, services and sesets, This International Standard can be applied to any type of risk, whatever its nature, whether having positive or negative consequences, Although this International Standard provides generic guidelines, itis not intended to promote uniformity of risk management across organizations. The design and implementation of risk management plans and frameworks will ned to take inio account the varying needs of a specific organization, its particular objectives, context, siructure, operations, processes, functions, projects, producis, services, or assels and specific practices employed. «itis intondod that this International Standard be utiized to harmonize risk management procasees in exising and. fulure standards. I provides @ common epproach in support of standards dealing with specie risks ‘andlor sectors, and does net replace those standards. This International Standard is not intonded for the purpose of certification. 2 Terms and definitions For the purposes of tis document, the following terms and definitions apply. 2A risk effect of uncertainty on objectives NOTE 1 An effectis a devietion ftom the expected — positive andlor negative, NOTE2 __ Objectives can have different aspects (such as financial, neeitn and safety, and environmental goats) and can apply at diferent levele (such 2s strategic, orgarization-wa, project preduct and process). NOTE 3 Risk is often characterized by reference to petential events (2.17) and consequences (2.18), or a combination ofthese. NOTE4 Risk is often expressed in terms of a combination of the consequences of an event (including changes in circumstances) anc the essoziated likelihood (2.19) of occurrence. (©180.2009 ~All rights reserved 1