ISO 31000:2018 Risk Management-Guidelines. Available from all national and commercial suppliers of ISO standards, such as SAI Global (for Australians).
This standard updates ISO 31000:2009 Risk Management—Principles and Guidelines. I wouldn’t get impatient about updating to the 2018 version unless you need to quote exact words. Australians – check out HB 436 before ordering ISO 31000. HB 436 includes all the text from ISO 31000:2009.
The second edition cancels and replaces the first edition (ISO 31000:2009) which has been technically revised.
The main changes compared to the previous edition are as follows:
- review of the principles of risk management, which are the key criteria for its success;
- greater emphasis on the iterative nature of risk management, noting that new experiences, knowledge and analysis can lead to a revision of process elements, actions and controls at each stage of the process;
- streamlining of the content with greater focus on sustaining an open systems model to fit multiple needs and contexts.