Most businesses nowadays want to manage risk because they want to provide a safe workplace for their workers and because they want to protect the environment. Other businesses manage risk either because they want to comply with rules and regulations, which they may be able to do by acquiring ISO 31000 certificates, or because accidents are frequently more expensive than being proactive about safety. Whatever the reason, managing risk by utilizing a set of rules or standards as a guide can streamline the procedure and make it simpler to address all pertinent parts of risk management. The ISO 31000 "Risk management" standard is an illustrative example of a standard that may be used.










