Difference between revisions of "Risk Avoidance"

From BCMpedia. A Wiki Glossary for Business Continuity Management (BCM) and Disaster Recovery (DR).
Jump to navigation Jump to search
Line 25: Line 25:
 
[[Category:BcmBoK 2 CL 2C]]
 
[[Category:BcmBoK 2 CL 2C]]
 
[[Category:BcmBoK 2 CL 2D]]
 
[[Category:BcmBoK 2 CL 2D]]
<div class="thumb tright">
+
<div class="thumb tleft">
 
{{#ev:youtube|GeSGDlbDloY|300}}
 
{{#ev:youtube|GeSGDlbDloY|300}}
 
</div>
 
</div>

Revision as of 12:28, 29 October 2020

1. Risk Avoidance is to make an informed decision not to become involved in or to withdraw from a risk situation.


Related Terms: Risk Treatment, Residual Risk

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)

(Source: Business Continuity Management Institute - BCM Institute)

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)