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ISO 31000 RISK MANAGEMENT FRAMEWORK
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Read article: Trust But Verify – J. P. Russell

http://insights.cermacademy.com/218-trust-verify-j-p-russell/

Why This Matters: Monitoring is an important part of Project Risk Management and ISO 31000. Monitoring is a trust but verify process in Project Risk Management that assures that objective can be and are being met. Monitoring is a process of trust but verify.

Monitoring ensures and assures that:

+ ISO 31000 framework has been architected, designed, deployed, and assured appropriately.
+ Each step of ISO 31000 Project Risk Management has been designed and tailored to the organizational context.
+ Project risk management has been deployed appropriately in each project and program phase.
+ Project objectives are being met.
+ Project risks are managed according to organizational risk appetite and project risk tolerance.

Project Question: How do you establish trust in your projects?

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