Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Question 1 - RISK ASSESSMENT Identify the key steps in risk management. Discuss the importance of categorizing risk (quantitative/qualitative) during threat, vulnerability, and impact assessments

Question 1 - RISK ASSESSMENT

Identify the key steps in risk management. Discuss the importance of categorizing risk (quantitative/qualitative) during threat, vulnerability, and impact assessments to prioritize risks for the risk remediation plan. Explain the importance of developing a risk mitigation strategy.

Question 2 - BUSINESS IMPACT ANALYSIS (BIA)

Identify the activities associated with a Business Impact Analysis (BIA). Discuss the business functions that must be included in the BIA. Explain the importance of identifying recovery point objectives (RPO) and recovery time objectives (RTO).

You may use chapter 4 of this book as a reference to construct your response for both Question 1 and Question 2

  • Snedaker, Susan, and Chris Rima. 2014.Business Continuity and Disaster Recovery Planning for IT Professionals. 2nd ed. Waltham, Massachusetts: Elsevier

Other resources might be :

  • Avalution Consulting. N.d. "The Ultimate Guide to Business Impact Analysis."Avalution Consulting. N.d. https://avalution.com/business-impact-analysis/.
  • Harris, Alex. 2012. "The Easy Guide to Business Impact Analysis Version 2.0." Continuity in Business.January 12, 2012. http://www.continuityinbusiness.com/wp-content/uploads/2011/12/2-Easy-Guide-to-Completing-a-Business-Impact-Analysis-v4.pdf.

You must adhere to the standard literature of risk assessment and business impact analysis while constructing your responses

N.B -

  • Watch out for any grammar errors.
  • Build your ideas and sentences concisely.
  • Section your answers so it is easy to follow.
  • Include your references.

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Strategic Management

Authors: John A. Pearce II , Richard B. Robinson

12th Edition

007128950X, 978-0071289504

More Books

Students also viewed these General Management questions