Risk Avoidance

From BCMpedia. A Wiki Glossary for Business Continuity Management (BCM) and Disaster Recovery (DR).
Jump to navigation Jump to search
1. Risk Avoidance is to make an informed decision not to become involved in or to withdraw from a risk situation.
BL-B-5 Click to know more


Related Terms: Risk Treatment, Residual Risk

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 2D: Intermediate (DR)


Click to know more about expert level training

(Source: Business Continuity Management Institute - BCM Institute)

A Manager’s Guide to ISO 22301 Standard for Business Continuity Management System

{{#ev:youtube|GeSGDlbDloY|300}}

2. An informed decision to not become involved in or to withdraw from a risk situation.

(Source: Singapore Standard 540 - SS 540:2008)


3. An informed decision not to become involved in a risk situation.

(Source: Business Continuity Institute - BCI)