BCMBoK 2: Risk Analysis & Review

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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.
  • 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.

BCM Institute's Professional Training and Certification

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

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Analysing And Reviewing The Risks For Business Continuity Planning BUY!