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Encourages a "risk-aware" rather than "risk-averse" culture. 🔍 Core Components of the Framework
BS 31100:2011 is a British Standard that offers recommendations and guidance on how to develop and maintain a risk management framework. It is intended to be used by any organization—regardless of size, sector, or type—to ensure that risk management becomes an integral part of their decision-making processes. Key Objectives bs 31100 pdf
Fewer "surprises" mean less time spent on crisis management. Encourages a "risk-aware" rather than "risk-averse" culture
Ensures risks are treated with the same rigor site-wide. bs 31100 pdf