Risk Level

From BCMpedia. A Wiki Glossary for Business Continuity Management (BCM) and Disaster Recovery (DR).
Revision as of 06:32, 30 October 2020 by Kalaivani (talk | contribs)
(diff) ← Older revision | Latest revision (diff) | Newer revision → (diff)
Jump to navigation Jump to search
1. Risk Level is the overall level of assessed risk to the risk rating.

Related Terms: Risk Appetite, Risk Likelihood, Risk Impact, Risk Rating, Risk Assessment, Period of Disruption



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)

Risk Rating and Risk Level


2. Magnitude of a risk (2.1) or combination of risks, expressed in terms of the combination of consequences (2.18) and their likelihood (2.19)

[ISO Guide 73:2009, definition 3.6.1.8]

(Source: ISO 31000:2009 – Risk Management — Principles and Guidelines) - clause 2.23