What is the primary purpose of the ISO 31000 framework?

The primary purpose of the ISO 31000 framework is to provide guidelines and principles for risk management in organizations. It aims to help organizations identify, assess, and manage risks effectively in order to achieve their objectives and improve decision-making processes. The framework is designed to be flexible and adaptable to different types of organizations and industries, and it emphasizes the importance of a systematic and structured approach to risk management.

To provide guidance on how organizations can manage risk