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ISO 31010 provides guidance on risk assessment techniques that support ISO 31000. Marfaq Solutions helps organizations design practical risk methods, run effective workshops, and embed consistent analysis across projects, operations, and supply chains. Note: ISO 31010 is a guidance standard (not certifiable). We align it with your governance and assurance model.
Why ISO 31010 Matters
- Create a common language for risk so decisions are comparable across teams and sites
- Identify threats and opportunities early using proven qualitative and quantitative tools
- Target controls where they reduce likelihood and impact most effectively
- Strengthen bids, programs, audits, and investment cases with evidence-based analysis
- Link risks to KPIs, KRIs, and management review for continual improvement
Our ISO 31010 Services
- Framework alignment with ISO 31000 policy, roles, appetite, and reporting cadence
- Method selection and playbooks for context, identification, analysis, evaluation, and treatment
- Facilitated workshops using techniques such as SWOT, PESTLE, brainstorming, checklists, and Delphi
- Safety and reliability tools Bowtie, HAZOP, FMEA/FMECA, fault tree, and event tree analysis
- Project and cost risk schedule risk, Monte Carlo simulation, three-point estimates, and sensitivity analysis
- Supplier and ESG risk screening criteria, due diligence, and risk scoring linked to ISO 20400 and ISO 26000
- Information and cyber risk linkage to ISO 27001 and business continuity integration with ISO 22301
- Training for risk owners, facilitators, and executives with practical case studies
What You Receive
- Risk policy, methodology, and taxonomy aligned to ISO 31000 and ISO 31010
- Risk appetite statement with scoring scales, likelihood–consequence matrix, and evaluation criteria
- Templates risk register, bowtie diagrams, cause–consequence maps, workshop agendas, and report formats
- KRI set and dashboard pack with thresholds, actions, and escalation paths
- Training materials, facilitator guides, and worked examples
- Implementation roadmap with roles RACI, milestones, and assurance checks
Who We Support
- Capital projects and infrastructure programs
- Energy, manufacturing, and utilities operations
- Healthcare, education, and public services
- Technology, data centres, and financial services
- Supply chains and vendor ecosystems in regulated sectors
Integration and Governance
We integrate risk processes with strategy, program management, audit, and compliance. Where relevant, we connect controls and data with ISO 9001, ISO 14001, ISO 45001, ISO 20400, ISO 26000, ISO 27001, and ISO 22301, so reporting, assurance, and improvement are coordinated.
Delivery Model and Confidentiality
Engagements combine workshops, remote collaboration, and focused on site support. All work is delivered under confidentiality agreements with information handled in secure repositories aligned to ISO 27001.
Partner with Us for Risk Management
Adopt consistent, defensible risk methods that improve outcomes. Contact Marfaq Solutions for a roadmap and tailored support plan.