DESCRIPTION
A Business Continuity Risk Assessment (BCRA) is part of Business Continuity Management. A BCRA must be carried out to assess the organisation's vulnerability to threats and establish the organisation's overall risk profile. It demonstrates a qualitative methodology of a Threats & Vulnerability assessment. It prioritises potential disasters on the basis of their probability and impact. The BCRA is required to be assessed for each location (building/group of buildings) separately.
A BCRA lays, together with a Business Impact Analysis, the foundation for creating a Business Continuity Plan. The BCRA should be revisited every year.
Purchase of this product includes 4 documents for conducting the BCRA:
• 6-page Word document (previewed above)
• BIA for Corporates, 4-page Word document (included in the secondary ZIP file)
• Business Continuity Risk Analysis, 2-page Word document (included in the secondary ZIP file)
• Excel-based Vulnerability Chart (included in the secondary ZIP file)
The BCRA template includes a comprehensive scoring system to evaluate the probability and impact of various threats. The scale ranges from 1 to 5, allowing for a nuanced assessment of potential risks. This quantitative approach ensures that decision-makers can prioritize resources effectively, focusing on high-probability, high-impact scenarios. The template also facilitates the identification of mitigation strategies, providing a structured format for documenting additional remarks and action plans.
This tool is indispensable for organizations aiming to bolster their resilience against disruptions. The detailed breakdown of business, human, property, and systems impact categories ensures a holistic view of potential vulnerabilities. By integrating this BCRA template into your risk management framework, you can enhance your preparedness and response strategies, safeguarding your operations against unforeseen events.
Got a question about the product? Email us at support@flevy.com or ask the author directly by using the "Ask the Author a Question" form. If you cannot view the preview above this document description, go here to view the large preview instead.
Source: Best Practices in Business Continuity Planning, Business Impact Analysis Word: Business Continuity Risk Assessment (BCRA) Templates Word (DOC) Document, Boris Agranovich
This document is available as part of the following discounted bundle(s):
Save %!
Complete Business Continuity Management (BCM) Package
This bundle contains 6 total documents. See all the documents to the right.
Business Continuity Planning Business Impact Analysis Matrix Organization Agile Organizational Structure Project Risk PowerPoint Diagrams Compilation Social Media Strategy COVID-19 ISO 22301
Receive our FREE presentation on Operational Excellence
This 50-slide presentation provides a high-level introduction to the 4 Building Blocks of Operational Excellence. Achieving OpEx requires the implementation of a Business Execution System that integrates these 4 building blocks. |