This PPT slide, part of the 61-slide Business Continuity Planning - Guide, Process and Tools PowerPoint presentation, outlines the key steps involved in conducting a continuity risk assessment (CRA) as part of business continuity planning. It emphasizes the importance of identifying potential threats that could disrupt operations. The first step is to pinpoint these threats, which is crucial for understanding what could lead to a business interruption.

Next, the slide instructs to assess the likelihood of each threat occurring and the potential impact it could have if no mitigations are in place. This dual assessment is vital for prioritizing risks effectively. The third step involves calculating a risk score for each identified threat, which combines the likelihood and impact ratings. This quantification helps in making informed decisions about resource allocation and risk management strategies.

The fourth step focuses on listing existing arrangements that are currently in place to mitigate these threats. Understanding what measures are already implemented allows for a clearer picture of the organization's preparedness. Following this, the slide advises assigning a revised impact rating to each threat, taking into account the effectiveness of current mitigation strategies. This reassessment is essential for accurately gauging the residual risk.

Finally, the last step involves recalculating the risk score for each threat based on the updated impact rating. This iterative process ensures that the organization remains agile and responsive to changing risk factors. Overall, the slide provides a structured approach to risk assessment, enabling organizations to enhance their resilience against potential disruptions.

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COVID-19 Business Continuity Planning