The University of SydneyPage 25AS/NZS ISO 31000-2018 –Risk Management ProcessInternal Context:–culture, structure, capabilities, people, systems and processes–goals and objectives and the strategies that are in place to achieve them–internal stakeholders–risk management takes place in the context of the goals and objectives of the organisationEstablish Contextl Internal contextl External contextl Risk management contextl Develop risk criterial Define structure