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Enterprise Risk Management – Benefits of ISO 31000:2018

Author

Listed:
  • Dîrva Anda Simona, Dîrva Cristian

    (Academia de Studii Economice din Bucureşti, Academia de Studii Economice din Bucureşti)

Abstract

ISO 31000 is a framework developed by risk professionals providing standardized guidelines in order to achieve successful risk management policies. Each project is faced with uncertainty and risk. The main challenge for the project managers is to maintain the acceptable level of risk in order to achieve the scope of the Project. ISO defines a management system as a set of procedures.

Suggested Citation

  • Dîrva Anda Simona, Dîrva Cristian, 2018. "Enterprise Risk Management – Benefits of ISO 31000:2018," Revista OEconomica, Romanian Society for Economic Science, Revista OEconomica, issue 02, June.
    • Handle: RePEc:oen:econom:y:2018:i:02:id:509
    as

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    More about this item

    Keywords

    corporate culture; risk exposure; ERM; ISO 31000:2018;
    All these keywords.

    JEL classification:

    • L21 - Industrial Organization - - Firm Objectives, Organization, and Behavior - - - Business Objectives of the Firm
    • L22 - Industrial Organization - - Firm Objectives, Organization, and Behavior - - - Firm Organization and Market Structure
    • M10 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Administration - - - General

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