Risk Management ISO 31000

Make better decisions in uncertain situations

We help organisations apply ISO 31000 to identify, assess and prioritise what matters most. We design risk frameworks, define risk appetite, implement controls and KRIs/KPIs, and establish continuous monitoring with clear reporting to senior management.

Risk Heatmap

Inherent risk

Probability × Impact

Key Risks

Cyberattack20
Supply Chain 16
Regulatory Change15
Data Privacy12

KRIs vs. Threshold

Ciber Exhibition
72
Third-Party Risk
58
Effectiveness Controls
81

Risk Register

78total risks
ISO 31000Aligned
Appetite for RiskDefined
KRIs / KPIsMonitored
Risk RegisterRetained
Report to ManagementDelivered

Risk advisory services

End-to-end risk advisory, tailored to your needs

Diagnose

Assess risk maturity, key exposures and the effectiveness of controls.

Strategy

Define risk appetite, tolerances and priorities in line with the strategy.

Implement

To design frameworks, policies, controls and processes that integrate risk into operations.

Monitor

Monitor risks, controls and indicators in real time across the organisation.

Report

To provide clear, decision-oriented reports for management and administration.

Decision Analytics

Use advanced analytics and modelling to evaluate options and improve decision-making.

Key skills

Build a resilient risk management system

Enterprise Risk Framework

Governance, roles, risk taxonomy, policies and processes aligned with ISO 31000.

Risk Assessment & Matrices

Identify, analyse and prioritise risks using consistent methodologies and calibrated matrices.

Dashboards & KRIs

Monitor indicators, control performance and trends using interactive dashboards.

Executive Reporting

A concise, visual and actionable report for boards and executive committees.

Decision-support methods

Better decisions with proven analytical methods

Scenario Analysis

To explore plausible futures and test strategy and resilience.

Monte Carlo Simulation

Quantifying uncertainty and estimating risk exposure distributions.

Decision Trees

Map out choices and consequences to identify optimal decisions.

Bayesian Networks

Modelling interdependencies and updating beliefs in the light of new evidence.

Who we support

From administration to operations

Advice

Strengthen the supervision and governance of key risks.

Executives

Confident decisions aligned with strategy and risk appetite.

Risk Teams

Capability and efficiency throughout the risk management cycle.

Compliance Leaders

Align risk, compliance and control programmes seamlessly.

Operations

To improve resilience and performance across the business.

Frequently Asked Questions

Common questions about ISO 31000 risk management

What is ISO 31000 risk management?

ISO 31000 Risk Management is the iCompliance service covering risk frameworks, risk appetite, KRIs/KPIs, controls and executive reporting in line with ISO 31000.

How does the process work?

We follow a structured process — assessment, design, implementation and monitoring — tailored to the organisation’s maturity and size, with practical deliverables at each stage.

How long does it take, and who is involved?

Most projects begin with a 2- to 4-week assessment, followed by phased implementation over several months, involving senior management and the relevant departments.

Build resilience. Make better decisions.

Let’s assess your risks and draw up a practical plan — together.