ISO 31000 2018 Risk Management          Audit Tool

This page will introduce our ISO 31000 2018 Risk Management Audit Tool. It will show
you how it is organized, it will explain how it works, and it will provide a PDF sample
of our approach. Once you've examined our material, we hope you'll consider
purchasing our complete ISO 31000 Risk Management Audit Tool (Title 32).


Use our risk management audit tool to:

  • Strengthen your risk management controls.
  • Encourage personnel to identify and treat risks.
  • Improve the overall resilience of your organization.
  • Improve loss prevention and incident management.
  • Evaluate risk management practices and processes.
  • Improve the trust and confidence of your stakeholders.
  • Increase the likelihood that objectives will be achieved.
  • Improve the effectiveness of your governance activities.
  • Enhance your ability to identify threats and opportunities.
  • Establish a sound basis for planning and decision making.
  • Encourage and support continuous organizational learning.

Use our audit tool to pinpoint the gaps that exist between ISO's risk management
standard and your organization's activities. Once you've filled all the gaps, you can
be assured that you've done everything that can reasonably be done to improve
the overall effectiveness of your organization's risk management practices,
processes, projects, policies, plans, procedures, and programs.


ISO 31000 2018 RISK MANAGEMENT AUDIT TOOL

TABLE OF CONTENTS (TITLE 32)

1

Introduction to audit tool

3

2

Profile of your audit project

7

3

Mini risk management audit tool

8

4

Assess how well principles are being applied

11

5

Assess how well framework is being applied

14

6

Assess how well process is being applied

PDF

7

Summary of your audit results

49

8

Terms and definitions

50

9

License Agreement

58





AUDIT PROFILE

Before you start your audit, you will be asked to fill out a one page form entitled
Profile of your audit project (section 2). First record the name of the organization
being audited, its address, the areas being audited, the address of the audit, and
a description of the actual scope or focus of the audit. Also use the form to record
the names of your auditors and the audit start date. Once you’ve completed the
audit, use the same form to record when the audit was finished, who reviewed the
audit and when, and any review comments.


AUDIT QUESTIONS

ISO 31000 is made up of three sets of risk management guidelines. We've taken
each one of these guidelines and turned it into a question. As a result, our audit
tool contains three sets of questions. These questions will allow you to:

4. Assess how well your organization is applying ISO's risk management principles.

5. Assess how well your organization is applying ISO's risk management framework.

6. Assess how well your organization is applying ISO's risk management process.

Our audit questionnaire starts with section 4 because the ISO 31000 guidelines
start in section 4. We've preserved this numbering system in order to make it easy
to cross-reference the original ISO 31000 standard with our material. However, at
the detailed level we have added a numbering system that you won’t find in the
original standard. We have sequentially numbered all questions within each of
the 3 sections (4 to 6) that make up the core of the standard. We have done
this in order to make it easier for you to work with our questionnaires.

In addition, we have used paragraph indents to distinguish between general
questions and specific questions. This approach makes it easy to see how our
questionnaires are structured. In most cases, a general question is immediately
followed by several specific questions which usually help clarify what the general
question means. If you’re not sure about what a general question is asking, just
keep reading. In most cases, the more detailed questions will clarify what the
general questions are trying to ask. But, if you’re still not sure what a question
means, perhaps our plain English terms and definitions section will help
(see section 8).


AUDIT METHODOLOGY

For each audit question, three answers are possible: YES, NO, or N/A
(to save space we use Y, N, X). A YES answer means you’re in compliance
with the standard, a NO answer means you’re not in compliance, while an
N/A answer means that this question is not applicable in your situation.
NO answers reveal gaps that exist between the ISO 31000 standard
and your organization's risk management activities.

Once you’ve answered all of the audit questions, it’s time to summarize
your audit results (section 7). The idea here is to measure and report how
compliant your organization's risk management activities are.

This is how it works. For each section of the risk management audit, count
the number of YES answers and the number of NO answers and record the
totals in the form provided in section 7. To calculate the average score for
each section, simply divide the total YES answers by the total YES+NO
answers. To calculate the average score for the entire audit, do the
same for the grand totals
.

Once you’ve summarized your risk management audit, study your NO answers
and our questions and then use this information to formulate remedial actions
or steps that need to be taken in order to bring your organization’s risk
management activities into compliance with the standard.

You Use this information to develop your own unique ISO 31000 2018 Risk Management Improvement Plan. Once you implement your plan, you will not
only be in compliance with the standard but you will also improve the overall
performance of your organization’s risk management activities.


MINI AUDIT TOOL

We’ve also provided a mini audit questionnaire (section 3) that you can use to
carry out a quick risk management audit or to decide what general areas need
more detailed attention. If you’re not clear about what one of these general
questions is talking about, simply go to our more detailed audit tool and
study the relevant section.


Attention

Now that you know what our tool looks like, please consider
purchasing Title 32: ISO 31000 2018 Risk Management Audit Tool.

If you purchase our ISO 31000 Risk Management Audit Tool, you'll
find that it's integrated, detailed, exhaustive, and easy to understand.
You'll find that we've worked hard to create a high quality product
  In fact, we
guarantee the quality of our risk management audit tool.
Title 32 is 59 pages long and comes in pdf and doc file formats.

Place an Order 

Check our Prices

See our License


OTHER ISO 31000 PAGES

Introduction to ISO 31000 Standard

Plain English Risk Management Definitions

Outline of ISO 31000 2018 Risk Management Standard

Overview of ISO 31000 2018 Risk Management Standard

ISO 31000 2018 Standard Translated into Plain English



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Updated on August 8, 2018. First published on November 1, 2012.

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