How should risks be communicated according to ISO 31000?

The correct answer emphasizes the importance of continuous and consistent communication and consultation regarding risks, which aligns with the principles laid out in ISO 31000. This standard advocates for a comprehensive approach to risk management that involves all stakeholders in the process, facilitating an understanding of risks at all levels of an organization.

Effective risk communication is not limited to any one medium or audience; instead, it should encompass various forms of communication—both verbal and written—and involve a range of stakeholders from different organizational levels. This practice helps ensure that everyone understands potential risks and their implications, which is crucial for fostering a proactive risk management culture.

This approach also supports transparency and encourages collaboration among teams, as engaging diverse perspectives can lead to more robust risk assessments and mitigation strategies. The focus is on creating a loop of communication where feedback and consultation are integral to the risk management process, adapting strategies as necessary based on stakeholder input.