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ISO 31000:2018

Risk Management Guidelines

ISO 31000:2018 – Risk Management Guidelines

At WWISE, we help organisations apply ISO 31000:2018 Risk Management Guidelines to strengthen decision-making, protect assets, and achieve strategic objectives. This internationally recognised framework provides principles and processes to identify, assess, and manage risks effectively across all areas of business.

What ISO 31000:2018 Is and Why It Matters

ISO 31000:2018 is the global benchmark for risk management. Unlike other ISO standards, it is not certifiable but serves as a best-practice framework that organisations can adopt to build resilience and improve governance.

The standard outlines a structured approach to:

  • Identify internal and external risks.
  • Analyse the likelihood and potential impact of risks.
  • Evaluate and prioritise risks for treatment.
  • Monitor and review risks continuously.
  • Integrate risk management into organisational culture and decision-making.

By adopting ISO 31000:2018, organisations demonstrate proactive leadership in risk governance and resilience planning.

Business Benefits of ISO 31000:2018

Implementing ISO 9001 is not just a compliance exercise — it is a strategic investment. Key benefits include:

Customer confidence & market access
Certification signals that your business meets global best practices, opening doors to new tenders and contracts.
Operational efficiency
Clear processes reduce rework, errors, and duplication, saving costs.
Competitive edge
Builds trust by showing a disciplined approach to risk.
Employee engagement
Staff understand their roles and how their work impacts quality outcomes.
Risk reduction
Proactive monitoring and continual improvement reduce the chance of failures.
Regulatory compliance
Supports adherence to local legal and industry requirements.

Implementation with WWISE

We support organisations in embedding ISO 31000:2018 through a 4-phase structured process:

Phase 1

Gap Analysis & Information Gathering

Assess existing risk management practices and identify areas for improvement.

Phase 2

Documentation, Risk Assessment & Process Mapping

We help develop standard operating procedures, policies, and risk registers tailored to your organisation.

Phase 3

Implementation
& Training

Train staff and integrate risk management into business processes and decision-making.

Phase 4

Certification
Support

We prepare you for third-party certification, ensuring all requirements are met for a smooth audit.

 

Our approach includes risk registers, assessment models, and hands-on workshops tailored to your industry and risk profile.

Why Choose WWISE

Our team combines expertise in corporate governance, compliance, and ISO systems with practical industry knowledge. We help organisations build risk frameworks that are practical, proportionate, and value-adding.

By working with WWISE, you ensure that risk management is not just a compliance exercise but a strategic enabler for long-term success.

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