What are the six steps of risk analysis

Reference no: EM133395906

Questions:

1. What is the difference between a Recovery Time Objective (RTO) and a Recovery Point Objective (RPO)? Give one example of each type of objective.

2. What are the six steps of Risk Analysis?

3. One strategy for mitigating risk is to provide an alternate (backup) facility that would be used if a crisis event occurs. Explain why this may be a desirable strategy for a service-oriented business, but much less desirable for a manufacturing plant.

4. Identify 3 potential sources of financial loss from a crisis event. Which one of your examples is the most difficult to quantify? Why?

Reference no: EM133395906

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