Business Risk Assessment Table

A risk assessment is a process to identify potential hazards and analyze what could happen if a hazard occurs. This is different from a business impact analysis (BIA) as a BIA is the process for determining the potential impacts resulting from the interruption of time sensitive or critical business processes.

As you conduct the risk assessment, look for vulnerabilities—weaknesses—that would make an asset more susceptible to damage from a hazard. Vulnerabilities include deficiencies in building construction, process systems, security, protection systems and loss prevention programs. They contribute to the severity of damage when an incident occurs. For example, a building without a fire sprinkler system could burn to the ground while a building with a properly designed, installed and maintained fire sprinkler system would suffer limited fire damage.
 
For more information on risk assessments, visit Ready.gov

Risk Assessment (Ready.gov)
http://www.ready.gov/risk-assessment

Are you sure you want to delete this "resource"?
This item will be deleted immediately. You cannot undo this action.
File Name File Size Download
riskassessment_table.pdf 110 KB

Related Resources

Guidance material
07 May 2020
National Societies are increasingly requesting technical assistance and guidance to develop, mainstream and institutionalize CTP preparedness. The majority of National Societies have already established general preparedness and contingency plans. Act...
Tags: Guidance material, COVID-19 (Coronavirus), Livelihoods
Guidance material
14 May 2020
COVID-19 Strategy Update World Health Organization (WHO). Updated April 2020
Tags: Guidance material, COVID-19 (Coronavirus)
Guidance material
15 Jul 2015
Este manual se dirige principalmente a un público integrado por los socorristas experimentados de la Cruz Roja y de la Media Luna Roja, que cumplen con su labor en situaciones de conflicto armado y demás situaciones de violencia. Asimismo, estas di...
Tags: Guidance material