---
title: "[WSQ-BCM-310] Course Overview: Assessing Risk and Business Impact Requirements"
description: "[WSQ-BCM-310] Course Overview: Assessing Risk and Business Impact Requirements business continuity management, crisis management and communication and IT disaster recovery planning: Risk Analysis and Review and Business Impact Analysis"
image: https://blog.bcm-institute.org/hubfs/WSQ-BCM-310%20CTA/IC_WSQ-BCM-310.png
---
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# \[WSQ-BCM-310\] Course Overview: Assessing Risk and Business Impact Requirements
The is the first part of a BCM course (WSQ-BCM-310) of a three-part competency-based SkillsFuture Singapore (SSG) Workforce Skills Qualification (WSQ) and Malaysia's HRD Corp Claimable training series teaches participants the skills of analyzing the risk and business impact.
The information is intended for participants who are either company- or self-sponsored requesting for WSQ grants and HRD Corp Claims.
[Suhana Sunreh](https://blog.bcm-institute.org/wsq/author/suhana-sunreh) Feb 1, 2018
|    |  #### Assessing Risk and Business Impact Requirements This one-day course (with a 2-hour assessment) or WSQ-BCM-310 course is part of a joint initiative by BCM Institute and [SkillsFuture Singapore (SSG)](http://www.skillsfuture.sg). The course is based on a competency standard specified by SSG and implemented as a competency-based training course. Singaporeans and Singapore Permanent Residents (PR) are eligible for government funding for this course in Singapore. This is the first in a three-part series of SSG's [Workforce Skills Qualification (WSQ)](http://www.ssg.gov.sg/wsq.html) Business Continuity Management (BCM) courses. This first [WSQ BCM course](https://info.bcm-institute.org/wsq-courses) reinforces participants' know-how in assessing risk and analyzing business impact requirements. |
| --- | --- |
| This is an identical course only for Malaysian citizens residing in Malaysia only. It is the Human Resource Development Corporation (HRD Corp). *Click the icon to know more. * [](https://cta-redirect.hubspot.com/cta/redirect/3893111/0d6d5d28-074f-41ea-b956-bedf7f6f635c)Eligible organizations sending their staff members to these courses, as BCM Institute is an authorized training provider, can submit its HRD Corp Claimable for this course. |
| --- |
#### Course Content
The course covers the first two fundamental steps in implementing a BCM plan.
[](https://cta-redirect.hubspot.com/cta/redirect/3893111/222e64be-7b5b-4a8a-99fe-86e1af9aac20)[](https://cta-redirect.hubspot.com/cta/redirect/3893111/f776e4d8-bc11-40dd-afc6-6d7dfb4fd18e)This course on the Risk Analysis and Review (RAR) phase of the BCM planning methodology, or "assessing risk," and the Business Impact Analysis (BIA) phase, or "business impact requirements," would allow participants to gain WSQ competency in identifying critical business functions (CBF). Besides CBF, participants will also understand how to assess a business unit's interdependencies.
Other competencies they will be able to pick up include:
##### Risk Analysis and Review (RAR)
- [](https://cta-redirect.hubspot.com/cta/redirect/3893111/31ad9efe-4b42-44f0-a81d-e544d9bfb638)Analyzing and quantifying internal and external risks
- Reviewing and assessing natural and man-made threats
- Determining risk rating derived from risk likelihood and risk impact
- Prioritizing risk findings
##### Business Impact Analysis (BIA)
- [](https://cta-redirect.hubspot.com/cta/redirect/3893111/80bc9109-435e-4505-9c40-3df16541d780)Identify critical business functions, products, and services
- Analyzing the impact on organizational reputation, financial, and operations
- Recommend controls and mitigating strategies to relevant stakeholders
#### Set of 3 WSQ BCM Courses
The WSQ BCM courses offered by BCM Institute include:
1. **BCM-310 Assessing Risk and Business Impact Requirements** *\[Click the Course Description icon to find out more about this WSQ course\]*
2. BCM-320 Developing Business Continuity Strategies and Plans
3. BCM-330 Testing and Exercising Business Continuity Plans
| [](https://cta-redirect.hubspot.com/cta/redirect/3893111/80b4381d-f3b9-4d15-9769-6eeeb27345e9) | [![\[WSQ-BCM\] SkillsFuture Company-Sponsored](https://no-cache.hubspot.com/cta/default/3893111/da3e37e4-0812-4a2d-9c86-bee3a3af9cc1.png)](https://cta-redirect.hubspot.com/cta/redirect/3893111/da3e37e4-0812-4a2d-9c86-bee3a3af9cc1) | [](https://cta-redirect.hubspot.com/cta/redirect/3893111/34ae4a9a-6d22-4789-82ab-f609cc2e9e9a) |
| --- | --- | --- |
| [![\[WSQ\] Singapore Workforce Skills Qualification BCM Course Catalog](https://no-cache.hubspot.com/cta/default/3893111/417125a5-956d-439c-8b2a-da85fd2f696a.png)](https://cta-redirect.hubspot.com/cta/redirect/3893111/417125a5-956d-439c-8b2a-da85fd2f696a) | [![TMM \[WSQ BCM-310\] ](https://no-cache.hubspot.com/cta/default/3893111/b444171e-f81d-41c5-bc2a-c5728c5ef271.png)](https://cta-redirect.hubspot.com/cta/redirect/3893111/b444171e-f81d-41c5-bc2a-c5728c5ef271) | [![\[SOP\] Refund Policy](https://no-cache.hubspot.com/cta/default/3893111/44d0bce5-3d2b-4774-94cd-f2be7895f123.png)](https://cta-redirect.hubspot.com/cta/redirect/3893111/44d0bce5-3d2b-4774-94cd-f2be7895f123) |
Meanwhile, click the 'Tell Me More' icon so our team can contact you with more specific information on our BCM-310 course. Then, click the 'Register Now' icon to attend our classes.
If you are company-sponsored or self-sponsored, the funding conditions from SkillsFuture Singapore (SSG) are provided to you when you click the icons.
##### Statement of Attainment
Singaporean and Singaporean PR participants attending the course in Singapore would also get a **Statement of Attainment** from the SkillsFuture Singapore (SSG) after the workshop and passing of the assessment.
Malaysian participants attending the course would also get a **Certificate of Attendance** from the BCM Institute after the workshop.
##### Attendance Requirement
To be eligible for SSG funding, you must attain **a minimum of 75% training attendance** and pass the assessment. You will not be eligible for financing if you fail the examination.
##### Pre-requisite
To learn the BCM planning methodology effectively, you are strongly encouraged to attend this course, **BCM-310 Assessing Risk and Business Impact Requirements**, before attempting the other two courses (**BCM-320** and **BCM-330**).
Without understanding Risk assessment and business impact analysis, you may have difficulties developing strategies and writing the plan. Click the button for more information about the competency-based program and the course offerings.
Click to learn more about the course overview of the following two WSQ courses and the schedule for the year.
| [](https://cta-redirect.hubspot.com/cta/redirect/3893111/b6e0178b-6159-4ee3-af90-d8a153a7c1a9) | [](https://cta-redirect.hubspot.com/cta/redirect/3893111/6fcb191b-6db4-4b98-8b40-3f262240aaee) | [![\[FAQ\] WSQ-BCM-310 Frequently Asked Questions on WSQ Courses Offered by BCM Institute](https://no-cache.hubspot.com/cta/default/3893111/f208b77b-6afd-4958-ae86-46b0da555820.png)](https://cta-redirect.hubspot.com/cta/redirect/3893111/f208b77b-6afd-4958-ae86-46b0da555820) |
| --- | --- | --- |
#### In-house Training
As organisations from Singapore and Malaysia embark on a BCM journey or review and update their existing BCM programs, you may want to consider organizing this series of WSQ BCM programs within your organization to build competency and update your content.
*Click the icon below to find out more about "Training-led Implementation."*
[![\[ITL\] \[1-6\] Training-led BCM Implementation: Overview](https://no-cache.hubspot.com/cta/default/3893111/f8e68a33-08ac-4d56-98f2-a8cb0c6fbe5c.png)](https://cta-redirect.hubspot.com/cta/redirect/3893111/f8e68a33-08ac-4d56-98f2-a8cb0c6fbe5c)Our instructors are not only ACTA-qualified or HRD Corp Accredited Trainers but also have a minimum of 15 to 25 years of BCM implementation experience; this allows you to deploy your templates to be completed as part of the class assignment.
#### eploy your templates to be completed as part of the class assignment.
#### Bridging Over to Certification Program
Participants who complete all three parts of the competency-based WSQ BCM series (with Statement of Attainment) may opt to bridge themselves to the BCM Institute's professional program. It is important to note that this bridging program is not part of the SSG program or requirement; it is an independent choice by the participant.
[](https://cta-redirect.hubspot.com/cta/redirect/3893111/354ef907-cf2c-4148-aa47-577a930e76c5)Business Continuity Certified Specialist (BCCS) certification qualifying examination. This will enable you to achieve the internationally recognized Business Continuity Certified Specialist (BCCS) accreditation once you have passed the Qualifying BCCS exams.
There will be a Singapore dollar SGD 200 Qualifying BCCS examination fee.
#### BCM Certification
[](https://cta-redirect.hubspot.com/cta/redirect/3893111/354ef907-cf2c-4148-aa47-577a930e76c5)BC Certified Specialist (BCCS) certification is awarded to participants who completed the three-part series, passed the Qualifying BCCS examination, sent in an application detailing at least one year of BC experience, made the application processing fee payment of SGD 75, and satisfied and meets the experience requirements of the independent certification body.
| #### WSQ Course Offerings | | | |
| --- | --- | --- | --- |
| **Business Continuity Management** | [](https://cta-redirect.hubspot.com/cta/redirect/3893111/d64b257e-c910-4d89-826c-a6a93675f152) | [](https://cta-redirect.hubspot.com/cta/redirect/3893111/b6e0178b-6159-4ee3-af90-d8a153a7c1a9) | [](https://cta-redirect.hubspot.com/cta/redirect/3893111/6fcb191b-6db4-4b98-8b40-3f262240aaee) |
| | **WSQ-BCM-310** | **WSQ-BCM-320** | **WSQ-BCM-330** |
| **Business Continuity Management** | [![\[WSQ-BCM-410\] Course Overview](https://no-cache.hubspot.com/cta/default/3893111/346b3793-2c3a-4aed-a126-41d8d9e3dd9c.png)](https://cta-redirect.hubspot.com/cta/redirect/3893111/346b3793-2c3a-4aed-a126-41d8d9e3dd9c) | [](https://cta-redirect.hubspot.com/cta/redirect/3893111/3c8cf880-9d18-4d01-b1cf-4258128f78a3) | |
| **WSQ-BCM-410** | **WSQ-BCM-470** | | |
| **Crisis Management** | [](https://cta-redirect.hubspot.com/cta/redirect/3893111/c32c6eb7-e7f8-459c-a983-2818f5627688) | [![\[WSQ-CM-460\] Course Overview: Executing And Managing Crisis Management Plan](https://no-cache.hubspot.com/cta/default/3893111/29629b5a-8134-4f00-8f82-0bff27e5076e.png)](https://cta-redirect.hubspot.com/cta/redirect/3893111/29629b5a-8134-4f00-8f82-0bff27e5076e) | |
| | **WSQ-CM-360** | **WSQ-CM-460** | |
| **Crisis Communication** | [](https://cta-redirect.hubspot.com/cta/redirect/3893111/9cc3b57b-9669-4842-8128-06b84f7f57ff) | [![\[WSQ-CM-460\] Course Overview: Executing And Managing Crisis Management Plan](https://no-cache.hubspot.com/cta/default/3893111/29629b5a-8134-4f00-8f82-0bff27e5076e.png)](https://cta-redirect.hubspot.com/cta/redirect/3893111/29629b5a-8134-4f00-8f82-0bff27e5076e) | [![Email to Sales Team \[BCM Institute\]](https://no-cache.hubspot.com/cta/default/3893111/3c53daeb-2836-4843-b0e0-645baee2ab9e.png)](https://cta-redirect.hubspot.com/cta/redirect/3893111/3c53daeb-2836-4843-b0e0-645baee2ab9e) |
| | **WSQ-CC-350** | **WSQ-CC-450** | |
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