Risk Management Standards & Guides

IRM’s Risk Appetite and Risk Tolerance Guide – Risk appetite is a core consideration in an enterprise risk management approach. Risk appetite can be defined as ‘the amount and type of risk that an organisation is willing to take in order to meet their strategic objectives.’

This document from the Institute of Risk Management is a useful tool and source of information. For free access to the Executive Summary, click here.

ISO 31000 – Risk Management – from International Organization for Standardization. This standard is intended to help organizations to manage risks effectively. Several ISO risk management guides are also available.

For more go to: http://www.iso.org/iso/home/standards/iso31000.htm

Also, read: use the RARA model to remove your confusion between Risk Appetite and Risk Attitude