Business Continuity

Emergency Management is the managerial function charged with creating _______ within which communities reduce _______ to _______ and _______

Emergency Management is defined as an _______ field dealing with _______ management process used to protect _______ of an organization from _______ that are caused by events such as disasters or catastrophes ans to ensure the _______ of the organization within their planned lifetime.

Emergency Management diagram in order:

Business Continuity is a process of developing and documenting _______ and _______ that enable an organization to ______to an event that lasts for an _______ period of time and ______ to performing its ______ after an _______.

Disaster Recovery is the technical component of business continuity planning to recover a _______, _______, or _______.

Crisis Management is the overall _______ of an organization's _______ to a _______ in an effective, timely manner with the goal to maximizing employee _______ and avoiding or _______ damage to the organization`s _______, _______, and _______.

BCM objectives are:

• Clearly stated

• Consistent with SMART

  (Specific, Measurable, Achievable, Realistic, Timely

• Take Account of applicable needs and requirements

• Enable opportunities to maintain or improve performance. Be monitored and updated as appropriate.

• All above

What is the first step in BCM risk management?

• Risk assessment

• Risk mitigation

• Risk identification

• Risk monitoring

Answer explanation

Risk identification is the first step in BCM risk management. This involves identifying all potential risks that could impact the organization's critical business functions.

What is the purpose of BCM risk assessment?

• To identify potential risks

• To quantify the potential impact of a risk

• To develop a risk mitigation plan

• To monitor ongoing risks

Answer explanation

BCM risk assessment is the process of evaluating the potential impact of identified risks. This allows organizations to prioritize risks and develop an effective risk management plan.

What is the goal of BCM risk mitigation?

• To eliminate all risks

• To reduce the likelihood of a risk occurring

• To minimize the impact of a risk

• To transfer the risk to a third party

Answer explanation

BCM risk mitigation involves implementing measures to minimize the impact of identified risks. This may involve reducing the likelihood of a risk occurring or developing a plan to minimize the impact if a risk does occur.