According to scientific definition risk managementrefers to a system that evaluates potential risks within a system and creates data-based decision-making opportunities to reduce the impact of potential losses. According to this definition, the most important stage of risk management risk assessment It is a process. Making an accurate risk assessment provides the organization's decision-making bodies and those in charge with a wide flow of information on all possible risks that may have a negative impact on the achievement of the objectives. The information obtained from the risk assessment process is the source for decision-making. At this point, according to the evaluation results, the risk will be identified, perceived and recorded. The situations that will affect the objectives will be determined in this way.
ISO 31000 Enterprise Risk Management System The general approach to standards is to identify the main principles and principles for managing any risk. Organizations must consider the needs, objectives, perceptions and criteria of the company together when implementing risk management. The objectives of the firm, the variety of environment and risk criteria to manage these objectives, all together reveal the structure and complexity of risks.
ISO 31000. Enterprise Risk Management System standard's scope is reflected in the articles after the fourth article of the standards.
In the fourth article in which the general framework of the system is defined, besides general rules, orders and loyalty, framework design for risk management, risk management policy formation, responsibility, integration with organizational processes, resources, internal communication and external communication reporting mechanisms, implementation of risk management process, system monitoring and review and continuous improvement of the system.
In the fifth article of the standards, communication and consultancy, internal and external context formation, context of risk management process, definition of risk criteria, risk definition, risk analysis and risk assessment, determination of risk processing options, preparation and implementation of risk processing plans, monitoring and a review and record of the risk management process.
Furthermore, the annexes to the standards describe the characteristics of advanced risk management.
To get more information about the scope of ISO 31000 Enterprise Risk Management System and even to establish Enterprise Risk Management System in your company, you can contact the experienced managers and employees of TURCERT certification organization.