ISO 31000Risk Management

Take control of risks and protect your reputation.

The ISO 31000 standard gives you a structured framework of international best practices for managing risks and opportunities. Following this framework will increase your chance of reaching your business objectives. It will help you analyse and assess factors that work for or against your objectives, make better decisions and improve management techniques across your organisation.

 

Why should I apply for ISO 31000 certification?

Achieving the ISO 31000 certification will send a clear message to your employees, customers, and other stakeholders that you are committed to managing risks in every part of your business. It will protect your business from internal and external threats while increasing public confidence in your management abilities. This will enhance your company’s reputation and give you a competitive advantage when bidding for commercial tenders.

Public, private and community enterprises can all benefit from ISO 31000 because it covers most business activities, including research, planning, management and communications. Although you probably manage risk to some extent, this international standard will provide you with best practice management techniques. It will enable you to analyse your risks and opportunities across all business functions, at all times, and at every level of management.


Here are some benefits of using the ISO 31000 framework:


  • 1

    Improve operational efficiency and governance

  • 2

    Increase stakeholder confidence in your risk management techniques

  • 3

    Strengthen operational controls, including mandatory and voluntary reporting

  • 4

    Improve your business performance, crisis management and organisational resilience

  • 5

    Respond to change effectively and protect your business as you grow

Certification for ISO 31000 is optional; you can, if you wish, opt for implementation only. Either way, our expert consultants will make the process as straightforward as possible for you. This includes helping your business make any necessary changes to its processes.

Our 3-stage certification process ensures you get the help you need at every step. We can even create your Risk Management Manual for you, saving you time and money.

Once you have achieved certification you will need to pass an audit each year. This is to ensure your business continues to benefit from the ISO 31000 risk management framework. Your first audit will be one year after you receive your certificate.

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How to get ISO 31000

1
Gap analysis

A QMS Consultant will visit your Organisation to review and document your current processes and procedures, highlighting any areas that do not meet the requirements of the Standard.

2
Implementation

Now it's time to make sure any required process or procedural changes are made, as highlighted in the Review. QMS can provide templates to assist you in doing this.

3
Certification

An Auditor must now visit your Organisation to check that the documented processes are being followed and that the necessary changes have been made. Once they are satisfied, you will be awarded your certification.

Once you have achieved certification you’ll need to pass an annual audit to make sure your business stays on track.

This stage in the process happens one year after certification.

Download these helpful documents:

ISO 31000 Brief Overview Leaflet

Understanding the Basics of ISO 31000

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How much does an ISO 31000 cost?

The cost of certification depends on several factors. These include your business sector, your annual turnover, and the number of employees you have. <We will also need to know if you have any specific industry requirements.

However, we are committed to providing you with a cost-effective route to ISO 31000 implementation and certification. That’s why we focus on making certification straightforward. By spending less time creating complex document trails and more time building a risk management system that works for your business, we can save you money.

To find out how affordable ISO 31000 certification and implementation really is, just use our Fee Calculator and we’ll email you a bespoke quote immediately.

How long will it take to get ISO 31000?

From your first consultation with our risk management experts through to certification, the process can take as little as 45 days. However, this does depend on the size and complexity of your business.

Remember, we can normally save you time and hard work by drafting your Risk Management Manual for you. This can also help you achieve certification faster than if you did it yourself.

Latest ISO 31000 news

At QMS we are constantly updating our approach and process to meet the latest changes in how ISO 31000 works.