Scenario Library

1. Scenario Library is a repository for generic, real-life severe but plausible scenarios that can be used to design business service-specific scenario tests. Click to know more OR courses Scenario Library for Operational Resilience: Notes (1): contains scenarios that consider the known risks and threats affecting the organisation’s important or critical business services. Notes (2): can be obtained from previous incidents or near misses and other activities such as operational risk, stress testing or business continuity. Notes (3): contains scenarios augmented and tailored to cover organisation- or industry-specific important or critical business services using the elements of potential impact from the mapping of inter-dependencies and inter-connectivity exercise for processes and resources such as people, processes, technology, facilities and information. Notes (4): should be regularly examined and updated to reflect the latest risks identified. This risk is usually derived from an organisation’s risk/threat horizon scanning and intelligence gathering exercises. Notes (5):provides a framework whereby specific scenarios for important or critical business services can be developed and relevant complicating factors added to ensure they meet the necessary severe but plausible scenarios criteria. Click to know more about expert level training A Manager’s Guide to Operational Resilience (eBook) Related Term: Operational Resilience, Scenario Testing, Severe but Plausible Scenarios, Important Business Services, Impact Tolerance BCMBoK Competency Level BCMBoK 0: BCM Fundamentals CL 1B: Foundation (BC) BCMBoK Competency Level BCMBoK 0: BCM Fundamentals CL 1C: Foundation (CM) BCMBoK Competency Level BCMBoK 0: BCM Fundamentals CL 1CC: Foundation (CC) BCMBoK Competency Level BCMBoK 0: BCM Fundamentals CL 1D: Foundation (DR) BCMBoK Competency Level BCMBoK 0: OR Fundamentals CL 1OR: Foundation (OR) (Source: Business Continuity Management Institute - BCM Institute)