Risk Management and Business Continuity Planning

What is this an image of?

• Risk Register

• Risk Profile

• Risk Plan

• BCP

What is a BCP?

• A framework built into an organisation that helps identify potential threats

• A risk prevention method that helps identify potential threats

• A high level of risk that helps identify potential threats

• A risk profile that helps identify potential threats

When should you start the risk management process?

• During the project implementation

• At the start of the planning stage

• At the risk assessment stage

• At the end of the planning stage

Which of the following is a process of categorisation

• Prevention

• Reduction

• Acceptance

• Insufficiency

Which would be completed first

• A risk register

• A risk management workshop

• The probability/impact of a risk

• A ranked risk log

How many stages are there in the BCM lifecycle?

• Seven

• Five

• Three

• Four

Which of the following is NOT a stage of the BCM?

• Analysis

• Effectiveness

• Validation

• Embedding

• Design

Is the BCM lifecycle an iterative process? Answer Yes or No

• Yes

• No

What would the risk severity be for a low impact and medium probability risk be?

• 5

• 4

• 3

• 2

• 1

Risk can be both positive and negative. True or False?

• True

• False