Week Two
Identify Components of a Risk Management Plan / Questions in the Risk management process
The PPRR
- Prevention - take actions to reduce or eliminate the likelihood or effects of an incident.
Learn more about preparing a risk management plan. - Preparedness - take steps before an incident to ensure effective response and recovery.
Read about conducting a business impact analysis. - Response - contain, control or minimize the impacts of an incident.
Learn more about preparing an incident response plan. - Recovery - take steps to minimize disruption and recovery times.
Read about developing a recovery plan.
Questions in the Risk Management Process
Operational Risk ManagementREAD: Chapter 2 The Risk Management Process
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Discussion Question
Explain the purpose of the PPRR process and list probable sources and systems that are related to the PPRR process.