BCMBoK 2: Risk Analysis & Review

From Business Continuity Management (BCM) and Disaster Recovery (DR) Wiki Glossary

Contents:		A B C D E F G H I J K L M N O P Q R S T U V W X Y Z

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.

• Determine adverse threats affecting organizational assets and provide a risk treatment strategy to them.
  • Identify external and internal threats to the organizational assets.
  • Identify existing and potential disaster-mitigating systems/procedures.

Related Terms: Risk Analysis and Review.

BCMBoK 2: Risk Analysis & Review Definitions

Business Continuity

A

Annualised Loss Exposure or Expectancy (ALE) Asset

C

Control

I

Impact

K

Key Disaster Scenario

L

Likelihood Loss

N

Natural Threat

P

Probability

Q

Qualitative Losses Quantification Quantitative Losses R Residual Risk Risk Risk Acceptance Risk Analysis Risk Analysis and Review Risk Assessment Risk Avoidance Risk Criteria Risk Evaluation Risk Management Risk Mitigation Risk Reduction Risk Transference Risk Treatment T Threat V Vulnerability Disaster Recovery A Annualised Loss Exposure or Expectancy (ALE) Asset Q Qualitative Losses Quantification Quantitative Losses R Residual Risk Risk Risk Acceptance Risk Analysis Risk Analysis and Review Risk Avoidance Risk Criteria Risk Evaluation Risk Management Risk Mitigation Risk Reduction Risk Transference Risk Treatment V Vulnerability