The deadline date for comments on the draft of BS 31100 Code of practice for risk management has passed.
BS 31100 will provide a basis for understanding, developing, implementing and maintaining risk management within any organization, in order to enhance an organization's likelihood of successfully achieving its objectives. This British Standard establishes the principles and terminology for risk management, and gives recommendations for the model, framework, process and implementation of risk management.
The recommendations of BS 31100 are generic and intended to be applicable and scalable to all organizations (or parts thereof) across the public and private sector, regardless of type, size and nature. How recommendations are implemented will depend on an organization's operating environment and complexity.
BS 31100 is intended for use by anyone with responsibility for:
- ensuring that an organization manages to achieve its objectives;
- ensuring risks are managed in specific areas or activities;
- overseeing risk management in an organization;
- providing assurance on an organization’s risk management.
Click here to register your interest in BS 31100 DPC. We will inform you when it is published.
