Risk Tolerance

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1. Risk Tolerance is the amount if risk that an organization is willing to accept or be exposed to.

Related Term: Risk Acceptance, Risk Treatment, Residual Risk.



BCMBoK Competency Level
BCMBoK 2: Risk Analysis & Review CL 2B: Intermediate (BC)



BCMBoK Competency Level
BCMBoK 2: Risk Analysis & Review CL 2C: Intermediate (CM)



BCMBoK Competency Level
BCMBoK 2: Risk Analysis & Review CL 2D: Intermediate (DR)

(Source: Business Continuity Management Institute - BCM Institute)


2. Total amount of risk that an organization is prepared to accept, tolerate, or be exposed to at any point in time.

(Source: ISO 22399:2007 – Societal Security - Guideline for Incident Preparedness and Operational Continuity Management) - clause 3.41