Hazard

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

1. A hazard is potential harm or damage, or a situation which poses a level of threat to life, health, property or environment. Examples of harm or damage that can be caused by a hazard includes fatalities, injuries, infrastructure damages, damage to the environment and disruption of business operations. BCMBoK Competency Level BCMBoK 0: BCM Fundamentals CL 1: Foundation

(Source: Business Continuity Management Institute - BCM Institute)

2. An event or physical condition that has the potential to cause harm or loss. Examples of harm or loss that can be caused by a hazard includes fatalities, injuries, infrastructure damages, damage to the environment and disruption of business operations.

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

3. A source of potential harm or a situation with a potential to cause loss.

(Source: Business Continuity Institute - BCI)

4. A potential source of harm.The term hazard can be qualified in order to define its origin or the nature of the expected harm.

(Source: Australia. A Practitioner's Guide to Business Continuity Management HB292 - 2006 )

5. A potential source of harm. The term hazard can be qualified in order to define its origin or the nature of the expected harm.

(Source: AS/NZS 5050.1 Australian and New Zealand Standards for business continuity management.

Part 1: Business continuity management system specification)