The UK risk management association AIRMIC has published updated guidance on enterprise risk management (ERM), including ISO 31000. The document is the work of a team from AIRMIC, the UK public sector risk management association Alarm and the educational body, the Institute of Risk Management. <7p>
The guide provides a commentary on risk and risk management, together with a brief overview of ISO 31000. It offers guidance on the design and implementation of an ERM programme.
Appendix A gives a checklist of risk management actions to ensure that a comprehensive ERM structure has been introduced and Appendix B sets out the steps necessary to implement ERM. FERMA’s ERM working group is currently reviewing the document.