AS ISO 31000:2018
Current
The latest, up-to-date edition.
Risk management - Guidelines
AS ISO 31000:2018 is an Australian Standard for risk management. It provides a complete set of guidelines and frameworks for managing all forms of risk. AS ISO 31000:2018 is not industry or sector-specific. This makes it relevant for all business leaders, executives, project managers, government agencies, and risk management professionals.
AS ISO 31000:2018 has been developed from international Standards for risk management and fine-tuned to meet expectations in Australia. It emphasises the need for a systematic and proactive approach to identifying, analysing, and mitigating risks.
PDF 1 User
English
30-10-2018
AS ISO 31000 2018 specifies guidelines on managing risk faced by organizations with the application of these guidelines able to be customized to any organization. As one of the risk management standards, this standard provides a common approach to managing any type of risk and is not industry or sector specific.
| Committee |
OB-007
|
| DocumentType |
Standard
|
| ISBN |
978 1 76072 205 0
|
| Pages |
16
|
| PublisherName |
Standards Australia
|
| Status |
Current
|
| Supersedes |
This document provides guidelines on managing risk faced by organizations. The application of these guidelines can be customized to any organization and its context.
This document provides a common approach to managing any type of risk and is not industry or sector specific.
This document can be used throughout the life of the organization and can be applied to any activity, including decision-making at all levels.
Purchasing the AS ISO 31000:2018 compliance Standard is essential for all companies that need to assess and manage risks to protect assets, align practices with regulatory requirements, and drive long-term success and sustainability.
The AS ISO 31000:2018 Standard also promotes:
- Better decision making: The Standard provides a structured framework to identify and mitigate risks and support informed and confident decisions
- Comprehensive risk management: The Standard addresses all forms of risk across operational, financial, strategic, and reputational domains
- Improved business resilience: The Standard strengthens your organisation’s ability to combat risks, respond to disruptions and ensure continuity
- Cost efficiency: The Standard helps to identify risks before they become a major threat, which allows more affordable mitigation measures to be implemented
- Stakeholder confidence: The Standard demonstrates to stakeholders that you are committed and capable of managing risks
- Customisable frameworks: The Standards aren’t designed for one specific industry and can be adapted to your specific needs and requirements
| Standards | Relationship |
| ISO 31000:2018 | Identical |
Originated as AS/NZS 4360:1995.
Third edition 2004.
Jointly revised and redesignated as AS/NZS ISO 31000:2009.
Revised and redesignated as AS ISO 31000:2018.
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