Operational Risk Management

1. Operational Risk Management is a continual recurring process that includes risk assessment, risk decision making, and the implementation of risk controls, resulting in the reduction, mitigation, avoidance and acceptance of risk. Operational Risk Management: Notes (1): is a set of processes necessary for organizations that want to avoid potentially disastrous and disruption issues. Click to know more OR courses Related Term: Operational Resilience, Operational Risk, Important Business Services, Critical Business Services, Critical Business Function, BCM Institute's Professional Training and Certification 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)

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A Manager’s Guide to Operational Resilience (eBook)