BCMBoK 2: Risk Analysis & Review

From BCMpedia. A Wiki Glossary for Business Continuity Management (BCM) and Disaster Recovery (DR).
Jump to: navigation, search
BCM Planning Methodology

Body of Knowledge Menu| BoK 1 | BoK 2 | BoK 3 | BoK 4 | BoK 5 | BoK 6 | BoK 7

Certification Menu | BCCP | CMCP | CCCP | DRCP | BCCS | CCCS | CMCS | DRCS | BCCE | CMCE | CCCE | DRCE | BCCA | BCCLA

Competency Level Menu | CL 1B | CL 2B | CL 3B | CL 1C | CL 2C | CL 3C | CL 1CC | CL 2CC | CL 3CC | CL 1D | CL 2D | CL 3D | CL 2A | CL 3A BCM Elearning generic banner
Click: Visit BCM Institute e-Courses

1. Business Continuity Management Body of Knowledge 2 or BCMBoK 2 provides the minimum expectation for a BCM professional in the area of Risk Analysis and Review.

  • Assess risk for organization specific for BCM.
    • Understand the principles of risk assessment.
    • Devise an appropriate scoring mechanism.
    • Identify the types of internal and external threats that could cause a disruption and assess their probability and impact.
    • Evaluate and prioritize threats.
  • Determine risk treatment.
  • Formulate risk treatment strategy.
    • Evaluate risk minimization alternatives against specifications and cost constraints.
    • Review current operational procedures to ensure adequate risk safeguards and plans are in place.
    • Submit risk treatment strategy to executive management for approval.

Related Terms: Risk Analysis and Review.

Analysing And Reviewing The Risks For Business Continuity Planning BUY!

Courses

Guidance Notes and Templates





Body of Knowledge 2: Risk Analysis & Review Definitions

BCM Audit

CL One (1) | * CL Two (2) | * CL Three (3)

Business Continuity

CL One (1) | * CL Two (2) | * CL Three (3)

Crisis Management

CL One (1) | * CL Two (2) | * CL Three (3)

Crisis Management

CL One (1) | * CL Two (2) | * CL Three (3)

Disaster Recovery

CL One (1) | * CL Two (2) | * CL Three (3)

Revision Notes