How can you use ISO 31000 to prioritize risks?
Risk management is a vital skill for any business manager, as it helps you identify, assess, and respond to uncertainties that could affect your objectives. However, how do you prioritize the risks that matter most, and allocate your resources accordingly? One useful tool is ISO 31000, a global standard for risk management principles and guidelines. In this article, you will learn how you can use ISO 31000 to prioritize risks in a systematic and consistent way.