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Assessing Residual Risk in Your BCM Program
March 28, 2017 @ 3:00 pm - 5:30 pm EDT
MHA Consulting CEO Michael Herrera will be speaking on the topic of Residual Risk in BCM Programs at DRJ Spring World in Orlando, Florida on March 28, 2017.
You have addressed compliance but do you know where the greatest residual risk (RR) lies in your program? Residual risk is defined as the risk remaining after all mitigating actions have been taken into consideration.
In this workshop, we cover the steps to assessing residual risk in your BCM program at a recovery plan level. We will address management risk appetite, plan mitigating controls, weightings, and calculation of the residual risk in your recovery plans and whether it is within or outside management’s tolerance. The results of this assessment give you the opportunity to identify where your greatest exposures exist as well as where you may have over-planned. It’s time to know where your greatest risks lie and where you can rest easy.
“For years, we’ve been working with clients to assure the availability of services,” said Michael Herrera. “I am thrilled to have this opportunity to share this methodology for assessing the residual risk that exists in your program.”