By The Numbers: Risk Analysis 90-10


Written by Phil on July 30, 2009 in Business Continuity, Risk Management.

Thirty-four million nine hundred thousand results. Having Googled “risk analysis,” this number was the immediate result. Twenty-five million eight hundred thousand results. This number is the Google result for “risk assessment.”

These numbers are overwhelming. Given their magnitude, one could conclude that everything that could be written has been written about risk analysis and risk assessment.

In the spirit of these numbers, this article is not an attempt to add one more promotion of the added value or the basic planning foundation provided by either a risk assessment, a risk analysis, or both but rather to present to the reader a technique this author has used, in many cases, to obtain ninety percent of the benefit of a full risk analysis with 10 percent of the effort. The author is the first to concede that this technique is not 100 percent all inclusive and is not fool-proof; however, over years and multiple client circumstances it has provided a substantial and dependable building block with which to construct emergency response plans and has a potential for disaster recovery and business continuity plans too. The author leaves it to the reader to determine the value this technique brings to each situation and its appropriateness for use.

See By The Numbers: Risk Analysis 90-10, by Gary Wyne, CBCP.

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