Iso 31000 Risk Management Process Steps

: Understanding the nature, sources, and causes of each risk while determining its likelihood and potential impact Risk Evaluation

Step 6 – Monitoring & review (continuous) Track risks, treatment effectiveness, and changes in context. Review regularly. This step loops back to identification and analysis, making the process . iso 31000 risk management process steps

This step also involves . Use a heat map (risk matrix) to visualize which risks fall into the “red zone” (high impact/high likelihood) versus the “green zone.” : Understanding the nature, sources, and causes of