Difference between revisions of "BCMBoK 2: Risk Analysis & Review"
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− | + | '''1.''' Business Continuity Management Body of Knowledge 2 or [[BCM_Body_of_Knowledge_(BCMBoK)|BCMBoK]] 2 provides the minimum expectation for a BCM professional in the area of [[Risk_Analysis_and_Review|Risk Analysis and Review]].<br/> [[File:BCM Institute.jpg|thumb|right|100px|]] | |
− | [[ | + | *Assess [[Risk|risk]] for organization specific for BCM. |
+ | **Understand the principles of risk assessment. | ||
+ | **Devise an appropriate scoring mechanism. | ||
+ | **Identify the types of internal and external [[Threat|threats]] that could cause a disruption and assess their probability and impact. | ||
+ | **Evaluate and prioritize threats. | ||
+ | *Determine [[Risk_Treatment|risk treatment]]. | ||
+ | **Understand the types of risk treatment | ||
+ | **Undertake risk treatments activities - [[Risk_Avoidance|risk avoidance]], [[Risk_Reduction|risk reduction]], [[Risk_Transference|risk transference]] & [[Risk_Acceptance|risk acceptance]]. | ||
+ | *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|executive management]] for approval. | ||
+ | |||
+ | Related Terms: [[Risk_Analysis_and_Review|Risk Analysis and Review]]. | ||
+ | |||
+ | [[File: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 ]] | ||
'''''Courses''''' | '''''Courses''''' | ||
− | * [http://www.bcm-institute.org/courses/analyzing-and-reviewing-risk-col-313 Attend: Classroom: Risk Analysis Courses] | + | *[http://www.bcm-institute.org/courses/analyzing-and-reviewing-risk-col-313 Attend: Classroom: Risk Analysis Courses] |
− | * [ | + | *[https://www.bcm-institute.org/courses/business-continuity-management-courses-2/bcm-competency-courses/competency-level-300/bcm-310-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] | + | *[http://www.bcm-institute.org/courses/risk-analysis-and-review Attend: E-Learning Risk Analysis module] |
'''''Guidance Notes and Templates''''' | '''''Guidance Notes and Templates''''' | ||
− | *[[Guidance Notes to Complete the Risk Assessment Template]] | + | *[[Guidance_Notes_to_Complete_the_Risk_Assessment_Template|Guidance Notes to Complete the Risk Assessment Template]] |
+ | | ||
+ | <br/> <br/> | ||
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== Body of Knowledge 2: Risk Analysis & Review Definitions == | == Body of Knowledge 2: Risk Analysis & Review Definitions == | ||
=== BCM Audit === | === BCM Audit === | ||
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[http://www.bcmpedia.org/w/index.php?title=Category:BcmBoK_2_CL_1A&action=edit&redlink=1| '''CL One (1)'''] | * [http://www.bcmpedia.org/w/index.php?title=Category:BcmBoK_2_CL_2A&action=edit&redlink=1| '''CL Two (2)'''] | * [http://www.bcmpedia.org/w/index.php?title=Category:BcmBoK_2_CL_3A&action=edit&redlink=1| '''CL Three (3)'''] | [http://www.bcmpedia.org/w/index.php?title=Category:BcmBoK_2_CL_1A&action=edit&redlink=1| '''CL One (1)'''] | * [http://www.bcmpedia.org/w/index.php?title=Category:BcmBoK_2_CL_2A&action=edit&redlink=1| '''CL Two (2)'''] | * [http://www.bcmpedia.org/w/index.php?title=Category:BcmBoK_2_CL_3A&action=edit&redlink=1| '''CL Three (3)'''] | ||
=== Business Continuity === | === Business Continuity === | ||
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[http://www.bcmpedia.org/w/index.php?title=Category:BcmBoK_2_CL_1B&action=edit&redlink=1| '''CL One (1)'''] | * [http://www.bcmpedia.org/w/index.php?title=Category:BcmBoK_2_CL_2B&action=edit&redlink=1| '''CL Two (2)'''] | * [http://www.bcmpedia.org/w/index.php?title=Category:BcmBoK_2_CL_3B&action=edit&redlink=1| '''CL Three (3)'''] | [http://www.bcmpedia.org/w/index.php?title=Category:BcmBoK_2_CL_1B&action=edit&redlink=1| '''CL One (1)'''] | * [http://www.bcmpedia.org/w/index.php?title=Category:BcmBoK_2_CL_2B&action=edit&redlink=1| '''CL Two (2)'''] | * [http://www.bcmpedia.org/w/index.php?title=Category:BcmBoK_2_CL_3B&action=edit&redlink=1| '''CL Three (3)'''] | ||
=== Crisis Management === | === Crisis Management === | ||
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[http://www.bcmpedia.org/w/index.php?title=Category:BcmBoK_2_CL_1C&action=edit&redlink=1| '''CL One (1)'''] | * [http://www.bcmpedia.org/w/index.php?title=Category:BcmBoK_2_CL_2C&action=edit&redlink=1| '''CL Two (2)'''] | * [http://www.bcmpedia.org/w/index.php?title=Category:BcmBoK_2_CL_3C&action=edit&redlink=1| '''CL Three (3)'''] | [http://www.bcmpedia.org/w/index.php?title=Category:BcmBoK_2_CL_1C&action=edit&redlink=1| '''CL One (1)'''] | * [http://www.bcmpedia.org/w/index.php?title=Category:BcmBoK_2_CL_2C&action=edit&redlink=1| '''CL Two (2)'''] | * [http://www.bcmpedia.org/w/index.php?title=Category:BcmBoK_2_CL_3C&action=edit&redlink=1| '''CL Three (3)'''] | ||
=== Crisis Management === | === Crisis Management === | ||
+ | |||
[http://www.bcmpedia.org/w/index.php?title=Category:BcmBoK_2_CL_1CC&action=edit&redlink=1| '''CL One (1)'''] | * [http://www.bcmpedia.org/w/index.php?title=Category:BcmBoK_2_CL_2CC&action=edit&redlink=1| '''CL Two (2)'''] | * [http://www.bcmpedia.org/w/index.php?title=Category:BcmBoK_2_CL_3CC&action=edit&redlink=1| '''CL Three (3)'''] | [http://www.bcmpedia.org/w/index.php?title=Category:BcmBoK_2_CL_1CC&action=edit&redlink=1| '''CL One (1)'''] | * [http://www.bcmpedia.org/w/index.php?title=Category:BcmBoK_2_CL_2CC&action=edit&redlink=1| '''CL Two (2)'''] | * [http://www.bcmpedia.org/w/index.php?title=Category:BcmBoK_2_CL_3CC&action=edit&redlink=1| '''CL Three (3)'''] | ||
=== Disaster Recovery === | === Disaster Recovery === | ||
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[http://www.bcmpedia.org/w/index.php?title=Category:BcmBoK_2_CL_1D&action=edit&redlink=1| '''CL One (1)'''] | * [http://www.bcmpedia.org/w/index.php?title=Category:BcmBoK_2_CL_2D&action=edit&redlink=1| '''CL Two (2)'''] | * [http://www.bcmpedia.org/w/index.php?title=Category:BcmBoK_2_CL_3D&action=edit&redlink=1| '''CL Three (3)'''] | [http://www.bcmpedia.org/w/index.php?title=Category:BcmBoK_2_CL_1D&action=edit&redlink=1| '''CL One (1)'''] | * [http://www.bcmpedia.org/w/index.php?title=Category:BcmBoK_2_CL_2D&action=edit&redlink=1| '''CL Two (2)'''] | * [http://www.bcmpedia.org/w/index.php?title=Category:BcmBoK_2_CL_3D&action=edit&redlink=1| '''CL Three (3)'''] | ||
== Revision Notes == | == Revision Notes == | ||
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<div class="thumb tcenter"> | <div class="thumb tcenter"> | ||
{{#ev:youtube|bnu5zRnl9A4|500}} | {{#ev:youtube|bnu5zRnl9A4|500}} | ||
− | </div> | + | </div> |
{{Category:All Glossary}} | {{Category:All Glossary}} |
Revision as of 06:39, 23 August 2017
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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.
- Understand the types of risk treatment
- Undertake risk treatments activities - risk avoidance, risk reduction, risk transference & risk acceptance.
- 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.
Courses
- Attend: Classroom: Risk Analysis Courses
- Attend: Classroom: Competency-based Risk Analysis Courses
- Attend: E-Learning Risk Analysis module
Guidance Notes and Templates
Contents
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