View source for 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]].

*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]].

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== Body of Knowledge 2: Risk Analysis & Review Definitions ==

=== BCM Audit ===

[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 ===

[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 ===

[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 ===

[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 ===

[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 ==
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{{https://www.youtube.com/watch?v=bnu5zRnl9A4}}
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