Risk Level

From BCMpedia. A Wiki Glossary for Business Continuity Management (BCM) and Disaster Recovery (DR).
Jump to navigation Jump to search
1. Risk Level is the overall level of assessed risk to the risk rating.
Risk Rating and Risk Level

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

Analysing And Reviewing The Risks For Business Continuity Planning
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)

 

 

Courses

(Source: Business Continuity Management Institute - BCM Institute)

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