Difference between revisions of "Annualised Loss Exposure or Expectancy (ALE)"

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|'''1.''' Annualised Loss Exposure or Expectancy (ALE) is the total amount of money that an [[organization]] will lose (exposed) in one year if nothing is done to mitigate the [[risk]].
 
|'''1.''' Annualised Loss Exposure or Expectancy (ALE) is the total amount of money that an [[organization]] will lose (exposed) in one year if nothing is done to mitigate the [[risk]].
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[[Image:3D BCM Series Analyzing and Reviewing in the context of BCM Books.jpg|thumb|left|140px|Analysing And Reviewing The Risks For Business Continuity Planning [http://store.bcm-institute.org/books/bcm-specialist-series BUY!]]]
 
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[[Image:BCM Institute.jpg|left|thumb|100px| '''[http://www.bcm-institute.org/courses '''BCM Institute's Professional Training and Certification''']''']]
 
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'''''Courses'''''
 
 
* [http://www.bcm-institute.org/courses/analyzing-and-reviewing-risk-col-313 Attend: Classroom: Risk Analysis Courses]
 
* [http://www.bcm-institute.org/courses/assessing-risk-and-business-impact-requirements Attend: Classroom: Competency-based Risk Analysis Courses]
 
* [http://www.bcm-institute.org/courses/risk-analysis-and-review Attend: E-Learning: Risk Analysis module]
 
 
'''''Guidance Notes and Templates'''''
 
 
*[[Guidance Notes to Complete the Risk Assessment Template]]
 
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| '''2.''' A Risk Management method of calculating loss based on a value and level of frequency.
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'''2.''' A Risk Management method of calculating loss based on a value and level of frequency.
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Latest revision as of 02:16, 28 October 2020

1. Annualised Loss Exposure or Expectancy (ALE) is the total amount of money that an organization will lose (exposed) in one year if nothing is done to mitigate the risk.
BCMBoK Competency Level
BCMBoK 2: Risk Analysis & Review CL 1B: Foundation (BC)



BCMBoK Competency Level
BCMBoK 2: Risk Analysis & Review CL 1D: Foundation (DR)

(Source: Business Continuity Management Institute - BCM Institute)


2. A Risk Management method of calculating loss based on a value and level of frequency.

(Source: Emergency Planning College. United Kingdom. Civil Contingencies Secretariat (CCS))