IDEAS home Printed from https://ideas.repec.org/h/wsi/wschap/9789819817504_0003.html

Processes of ISO 31000

In: EVERYONE IS A RISK MANAGER Mastering Enterprise Risk Management Across Industries

Author

Listed:
  • Chuen Fei LEE
  • Sean Sik Lung CHAN
  • Andeed MA

Abstract

The following sections are included:Establishing the ContextExternal ContextInternal ContextRisk AssessmentUnderstanding the Risk Assessment ProcessIdentifying RiskAnalyzing RiskEvaluating RisksRisk TreatmentReduce the RiskAvoid the RiskTransfer the RiskAccept the RiskPlanning and Implementing Risk TreatmentDefinition of Inherent, Current and Residual RisksResidual RiskRisk Monitoring and ReviewObjectivesRecording and ReportingImplementation StrategiesKey Risk IndicatorsRisk Communication and ConsultationObjectivesFinding the Right People (Stakeholders) to Talk To (Communicate and Consult)Implementation StrategiesStakeholdersAssessment of ERM Adequacy and EffectivenessEnsuring Your ERM Framework Meets the MarkKey Responsibilities of the Risk and Audit CommitteeBest Practices for Assessing ERM Adequacy and EffectivenessMonetary Authority of Singapore (MAS)’s Expectation of Risk GovernanceAI for Risk Managers: Leveraging Artificial Intelligence in Risk Management PracticesThe Convergence of AI and Risk ManagementAI-Enhanced Risk IdentificationAdvanced Risk Assessment and AnalysisAI-Driven Risk Mitigation and TreatmentContinuous Monitoring and ReviewEthical Considerations and Broader ImplicationsThe Future of AI in Risk Management

Suggested Citation

  • Chuen Fei LEE & Sean Sik Lung CHAN & Andeed MA, 2026. "Processes of ISO 31000," World Scientific Book Chapters, in: EVERYONE IS A RISK MANAGER Mastering Enterprise Risk Management Across Industries, chapter 3, pages 21-78, World Scientific Publishing Co. Pte. Ltd..
    • Handle: RePEc:wsi:wschap:9789819817504_0003
    as

    Download full text from publisher

    File URL: https://www.worldscientific.com/doi/pdf/10.1142/9789819817504_0003
    Download Restriction: Ebook Access is available upon purchase.
    File URL: https://www.worldscientific.com/doi/abs/10.1142/9789819817504_0003
    Download Restriction: Ebook Access is available upon purchase.
    ---><---

    As the access to this document is restricted, you may want to

    for a different version of it.

    More about this item

    Keywords

    ;
    ;
    ;
    ;
    ;
    ;
    ;
    ;
    ;
    ;
    ;
    ;
    ;
    ;
    ;
    ;
    ;
    ;
    ;
    ;
    ;
    ;
    ;
    ;
    ;
    ;
    ;
    ;
    ;
    ;
    ;
    ;
    ;
    ;
    ;
    ;

    JEL classification:

    • L21 - Industrial Organization - - Firm Objectives, Organization, and Behavior - - - Business Objectives of the Firm
    • G32 - Financial Economics - - Corporate Finance and Governance - - - Financing Policy; Financial Risk and Risk Management; Capital and Ownership Structure; Value of Firms; Goodwill
    • M1 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Administration
    • M13 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Administration - - - New Firms; Startups
    • M16 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Administration - - - International Business Administration
    • L26 - Industrial Organization - - Firm Objectives, Organization, and Behavior - - - Entrepreneurship

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:wsi:wschap:9789819817504_0003. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Tai Tone Lim (email available below). General contact details of provider: http://www.worldscientific.com/page/worldscibooks .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.