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Risk Assessment


Conducting the Risk Assessment: CS IL BCM 2013

Course Description:


Conducting the Risk Assessment is the third step in developing a business continuity program that can be certified by BS 25999 parts 1 and 2.

This course introduces the concepts of Risk Management and with the methodologies and models used in the Business Continuity Management profession, by providing an understanding of what a risk assessment is all about, why a risk assessment is
important to a business continuity program, the elements of a risk assessment, and how these are utilized to build a business continuity program.

The aim of this element of the BCM Lifecycle is to assist the understanding of the organization through identification of existing risks and threats to which the organization is exposed. Conducting the Risk Assessment is an essential element for
professionals interested in either developing a career in Business Continuity Management, seeking certification, or for those professionals responsible for developing a business continuityprogram for their organization.

Student case study materials include the Institute for Home and Business Safety’s (www.ibhs.org) Open for Business Toolkit – a toolkit available to you for free as part of taking this course – a bonus takeaway available from ICOR!

Activities and case studies are included throughout the course and are designed as knowledge checks and reinforcement of key concepts and will provide participants with hands-on interactive activities that will enable you to become familiar with and apply these principles immediately in your job. You will leave with the tools to enhance the visibility and reach of your organization’s BCM program.

In addition, practice exam questions are included as part of the course to prepare you for both the DRII Qualifying Exam and the ICOR BCM Specialist Exam.

As a result of completing this course, you will be able to:

• Explain the importance of risk management to the organization.
• Describe the risk management process.
• Define risk management terms.
• Identify risks, evaluate the probability of risk occurrence, and recommend risk
treatments.

Table of Contents


Defining Terms
The Risk Management Process
The Risk Analysis
Risk Identification
Risk Description
Risk Estimation
Risk Treatment
Risk Reporting and Communication
Risk Assessment Audit Points

Delivery Structure

Conducting Risk Assessment is a one-day instructor led course. It can also be taken as a self-study course. This course is the third course in Module 1 of the Essentials of Business Continuity Management series.

Certification and Accreditation


Become a Business Continuity Management Professional (BCMP). This course is
one step towards earning this certification. Developing the Risk Assessment is worth .7 CEUs or 7 hours of credit.

In addition, it prepares the participant for the DRII Qualifying Exam necessary for
certification as a business continuity planner from DRI International (DRII) and contributes to the educational component necessary for certification by the Business
Continuity Institute (BCI).

With BS25999 parts 1 and pars 2 hailed as an important step allowing companies
to demonstrate their ability to cope with major threats; as well as provide a
management systems approach to business continuity management, this course
provides you with what you need to develop a program that complies with these
certification standards.