What are the principles of risk management set out in AS/NZS ISO 31000:2009?

1. Risk management creates and protects value; 2. Risk management is an integral part of all organizational processes; 3. Risk management is part of decision making; 4. Risk management explicitly addresses uncertainty; 5. Risk management is systematic, structured and timely; 6. Risk management is based on the best available information; 7. Risk management is tailored; 8. Risk management takes human and cultural factors into account; 9. Risk management is transparent and inclusive; 10. Risk management is dynamic, iterative and responsive to change; 11. Risk management facilitates continual improvement of the organization.