BCMBoK 2: Risk Analysis & Review
Body of Knowledge Menu| BoK 1 | BoK 2 | BoK 3 | BoK 4 | BoK 5 | BoK 6 | BoK 7 Certification Menu | BCCP | CMCP | CCCP | DRCP | ORCP | BCCS | CCCS | CMCS | DRCS | ORCS | BCCE | CMCE | CCCE | DRCE | ORCE | BCCA | BCCLA Competency Level Menu
| CL 1B | CL 2B | CL 3B | CL 1C | CL 2C | CL 3C | CL 1CC | CL 2CC | CL 3CC | CL 1D | CL 2D | CL 3D | CL 1OR | CL 2OR | CL 3OR | CL 2A | CL 3A
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.
- Understand the types of risk treatment
- Undertake risk treatments activities - risk avoidance, risk reduction, risk transference & 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 for approval.
Related Terms: Risk Analysis and Review.
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
