Quantification

1. Quantification the act of quantifying; the expression is a measure of risk or impact in monetary units or intangible non-financial terms. BL-B-5 Click to know more {{#ev:youtube|UU09ZfP0Jdg|450}} Related Terms: Qualitative Losses, Quantitative Losses BCM Institute's Professional Training and Certification BCMBoK Competency Level BCMBoK 2: Risk Analysis & Review CL 2B: Intermediate (BC) BCMBoK Competency Level BCMBoK 2: Risk Analysis & Review CL 2C: Intermediate (CM) BCMBoK Competency Level BCMBoK 2: Risk Analysis & Review CL 2CC: Intermediate (CC) BCMBoK Competency Level BCMBoK 2: Risk Analysis & Review CL 2D: Intermediate (DR) (Source: Business Continuity Management Institute - BCM Institute) BCM Institute's Professional Training and Certification BCMBoK Competency Level BCMBoK 3: Business Impact Analysis CL 2B: Intermediate (BC) BCMBoK Competency Level BCMBoK 3: Business Impact Analysis CL 2C: Intermediate (CM) BCMBoK Competency Level BCMBoK 3: Business Impact Analysis CL 2CC: Intermediate (CC) BCMBoK Competency Level BCMBoK 3: Business Impact Analysis CL 2D: Intermediate (DR) Click to know more about expert level training (Source: Business Continuity Management Institute - BCM Institute)

2. The objective measure of the seriousness of risk or impact, often measured in financial or regulatory terms.

Analyzing & Reviewing the Risks for Business Continuity Planning

Conducting Your Impact Analysis for Business Continuity Planning (Second Edition)

(Source: Business Continuity Institute - BCI)