Risk Management Based on ISO 31000

Journal Title: Central European Review of Economics and Finance - Year 2015, Vol 7, Issue 1

Abstract

The following article analyzes risk management in enterprises. It is very important to understand the meaning of risk in social and economic categories as well as classifying risk into different categories. During critical studies of the available literature, especially the content of ISO 31000 standard as well as projects of unpublished ISO 9001:2015 standard gives readers the possibility to predict changes which can appear soon in the field of management standardization. System solution based on ISO 31000 standard is a new trend in quality management. ISO 31000 can be integrated with the quality management based on ISO 9001. The implications of this analysis are the foundation to understand the directions in which organizations will be heading for in order to meet the latest standards. It is a new field of study in management which requires popularization and systematization. The critical studies show that there is a research gap and this article is made in order to eliminate this gap. Due to the fact the that risk management has become a very popular field of discussion involving safety assurance and continuity of operations in enterprises, the authors introduce with the following article a new look based on ISO 31000 and ISO 9001:2015 projects. This new look helps to understand the research area in standardization aspects.

Authors and Affiliations

Marcin Nowak, Łukasz Wójtowicz

Keywords

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  • EP ID EP206631
  • DOI -
  • Views 77
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How To Cite

Marcin Nowak, Łukasz Wójtowicz (2015). Risk Management Based on ISO 31000. Central European Review of Economics and Finance, 7(1), 51-60. https://europub.co.uk./articles/-A-206631