ISO 31000, the international standard for Risk Management - ‘Risk Management – Principles and Guidelines’ - is now available for public consultation.
The decision to review ISO 31000 was taken at in Chicago in 2013 and now, 4 years later, a draft version of the proposed updates to the ISO 31000 document is available for users to see.
The next steps will be a review of the comments submitted that will modify the text further and then a ballot by ISO members to move to the final publication. The next ISO meeting is being held in San Francisco in July 2017 and this suggests publication of the revised risk management standard perhaps early in 2018.