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Assessing Your Risk: Sample Content for Each Risk Impact Level & Risk Impact Area

The blog provides a sample of the description to be inserted in each of the boxes of the "Risk Impact Level Vs Risk Impact Area".

This table is used for the assignment for participants conducting their Risk Analysis and Review (RAR) and assessment for the BC | CM | CC | ITDR training.

Steve Sobak

Descriptor Risk Level and Risk ImpactSample Content for Each Risk Impact Level & Risk Impact Area

The blog provides a sample of the description to be inserted in the "Risk Impact Level Vs Risk Impact Area".   The diagram below highlighted by the yellow box will contain the description for each level of the "Risk Impact" when you are embarking on your assignment.

Descriptor Risk Impact

This is the actual view of a real life "risk impact" versus "risk impact area" table.  You may want to speak to your Risk Management team for a similar version to do your assignment.

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The descriptor for Seven Risk Impact Area Vs Rating

If you have a problem viewing the content, an enlarged version of the same diagram is provided below.

 

Risk Impact Area (1st 4 Columns)

This is the enlarged version of the first 4 risk impact areas: Financial, Processes (Business Operations), Legal and Regulatory, Reputation and Image.

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Descriptor for Seven (First 4 Impact Area) Risk Impact Level Vs Areas

 

Risk Impact Area (Last 3 Columns)

This is the enlarged version of the remaining last 3 risk impact areas: Social Responsibility, People, Assets / ICT Systems / Information.

Descriptor Risk Impact And Risk Impact Area [B] Part 2 of 2

Descriptor for Seven (Last 3) Risk Impact Level Vs Areas

 

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