Risk Avoidance: Difference between revisions

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Latest revision as of 20:29, 29 October 2020

1. Risk Avoidance is to make an informed decision not to become involved in or to withdraw from a risk situation.
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Related Terms: Risk Treatment, Residual Risk

BCM Institute's Professional Training and Certification
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)


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(Source: Business Continuity Management Institute - BCM Institute)

A Manager’s Guide to ISO 22301 Standard for Business Continuity Management System

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2. An informed decision to not become involved in or to withdraw from a risk situation.

(Source: Singapore Standard 540 - SS 540:2008)


3. An informed decision not to become involved in a risk situation.

(Source: Business Continuity Institute - BCI)