orbit by reconn.Quick answers on ISO 31000 and risk management
When was ISO 31000 published?
The current edition, when ISO reviewed it, and how to cite it.
- By Shenoy
- Updated
Every great mission starts with reconn.
The current edition, ISO 31000:2018, is edition 2 and was published in February 2018. ISO reviewed and confirmed it in 2023, so it remains current, and ISO notes that a revision is planned. Organizations cannot be certified to it, because ISO describes it as guidelines.
ISO 31000 is the international standard that gives principles and guidelines for managing risk. Edition 2 is the current version, and the year in its name, 2018, is the year it was published.
What the 2023 review means
ISO reviews its standards on a regular cycle. In 2023 this one was reviewed and confirmed, which means it was kept as it stands rather than revised. Nothing in your risk process has to change because of that review.
How to cite it
Cite it as ISO 31000:2018, so a reader knows which edition you mean. ISO's page also notes that a revision is planned, so check the page before you reference it in a policy, a tender or a training plan.
Does the edition affect certification?
No organization can be certified to ISO 31000, whatever the edition. PECB certifies people instead, and the certification guide covers the levels, courses and cost.
Practitioner note: Name the edition in your risk policy. A policy that says only "ISO 31000" leaves auditors guessing which text you follow.