Consequence

1. Consequence is the result or outcome following an incident that will have an impact to organization asset. Similar Terms: Risk Impact, Risk Consequence Related Term: Risk Likelihood, Risk Rating, Risk Level, Risk Treatment (Source: Business Continuity Management Institute - BCM Institute)

2. Outcome of an incident that will have an impact on an organization's objectives.

(Source: AE/HSC/NCEMA 7000:2012)

3. Outcome of an Event Notes (1) : There can be more than one consequence from one event. Notes (2) : Consequences can range from positive to negative. Notes (2) : Consequences can be expressed qualitatively or quantitatively. (Source: ISO 22399:2007 – Societal Security - Guideline for Incident Preparedness and Operational Continuity Management) - clause 3.2

4. Outcome of an event (2.17) affecting objectives.

Notes (1) : An event can lead to a range of consequences.

Notes (2) : A consequence can be certain or uncertain and can have positive or negative effects on objectives.

Notes (3) : Consequences can be expressed qualitatively or quantitatively.

Notes (4) : Initial consequences can escalate through knock-on effects.

[ISO Guide 73:2009, definition 3.6.1.3]

(Source: ISO 31000:2009 – Risk Management — Principles and Guidelines) - clause 2.18

5. Outcome of an incident that will have an impact on an organization's objectives. (Source: British Standard BS25999-1:2006 Code of Practice for Business Continuity Management)

6. The end result following a Business Continuity incident that can be defined as loss, injury, disadvantage or gain.

(Source: Business Continuity Institute - BCI)