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Business Continuity Risk Assessment: Risk Analysis Template

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A Risk Assessment is identifying, analyzing, and weighing all the potential risks, threats and hazards to the business's internal and external environment.  It discovers if a facility (building) is vulnerable to weather related events, HVAC failure, Internal/External Security vulnerabilities and local area hazards.  It allows a business to document what mitigating actions have been taken to manage these exposures.  By identifying the threats that currently are being mitigated verses threats that are not, a business can compile a list of recommendations for improvement. 

To be successful, any risk assessment has to concentrate on the local identifiable issues relating to the business.

 The process of identifying risks/threats, probability of occurrence, the vulnerability to each risk/threat and the potential impact that could be caused, is necessary to prepare preventative measures and create recovery strategies.  Risk identification also provides a number of other advantages including: 

  • Exposes previously overlooked vulnerabilities that need to be addressed by plans and procedures
  • Identifies where preventative measures are lacking or need reevaluated
  • Can point out the importance of contingency planning to get staff and management on board
  • Will assist in documenting interdependencies between departments and increase communication between internal groups.  Can also point out single points of failures between critical departments

 For the ease of this process, categories of risk have been created to focus the thought process.  In the attached Risk Assessment Survey, the categories include, Natural Risks, Man-Made (Human) Risks, and Environmental Risks.  These are certainly not requirements, and should not be considered to be constraining.  If a risk is not listed, you may add to the columns.

Identifying Risks / Threats

 The nature of a risk/threat should be determined, regardless of the type.  Factors to consider should include (but not limited to):

  • Geographic Location
  • Weather Patterns for the Area and Surrounding Areas
  • Internal Hazards (HVAC, Facility Security, Access, etc)
  • Proximity to Local Response/Support Units
  • External Hazards (neighboring Highways, Plants, etc)

Potential exposures may be classified as: 

  • Facility Related: Bomb Threat, Chemical Spills, Civil Disturbance, Electrical Failure, Fire, HVAC Failure, Water Leaks, Work Stoppage / Strike
  • Technology Related: Human Error, Loss of Telecommunications, Data Center Outage, Lost / Corrupted Data, Loss of Local Network Services, Power Failure, Prolonged Technology Outage, UPS / Generator Loss of service.
  • Weather Related: Earthquake, Flood / Flash Flood, Hurricanes / Tropical Storms, Severe Thunderstorms, Tornado, Winter Storms

 We offer following risk assessment template suite along with comprehensive business continuity risk assessment templates:

Top Sellers
Package 9: Information Technologies Risk Assessment template (RA) with Data Center Recovery Templates (Click here for More Details...)

Cost: $480
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Top Sellers
Package 8: Risk Assessment Template (RA) with Applications Data Analysis - Complete Package (Click here for More Details...)

Cost: $255
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Package 1: Risk Assessment Bundle – Long Version (Click here for More Details...)

Cost: $75
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Package 2: Risk Assessment Bundle – Automated Version (Click here for More Details...)

Cost: $90
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Package 3: Risk Assessment Bundle – Both Versions (Click here for More Details...)

Cost: $120
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Package 4: Risk Assessment Bundle – Final Reports (Click here for More Details...)

Cost: $60
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Package 5: Risk Assessment Bundle – Complete package (Click here for More Details...)

Cost: $165
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Package 6: Risk Assessment Bundle – Complete package with Policies (Click here for More Details...)

Cost: $195
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Package 7: Applications & Data Criticality Analysis Bundle (Click here for More Details...)

Cost: $90
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To view specific section of this document, please contact us at sales@supremusgroup.com or call us at (515) 865-4591.

To buy individual template packages, visit following links:

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