The ISO Risk Management Standard provides a framework for:
A) Operational Risk Management
B) Enterprise Risk Management
C) Project Risk Management
D) Qualitative Risk Management

Question

Quizplus · Accepted Answer

The ISO Risk Management Standard specifically provides a framework for Enterprise Risk Management, which encompasses risks at all levels and across all functions of an organization. While operational and project risk management can be components of ERM, they are not the primary focus of the ISO standard. Qualitative risk management, while important, is not directly addressed by the ISO standard, as it primarily emphasizes a systematic and structured approach to identifying, assessing, and mitigating risks within an enterprise-wide context.

The ISO Risk Management Standard Provides a Framework For