Business Continuity Professional Exam Prep

Category - Project Management

At WePro, the lead BCP analyst has identified 75 possible threats/risks to the organization. The triggers for the risks were determined; they are also rated on risk rating matrix. This was followed by testing the assumptions and quantitative data analysis. The project management team is then printed and filed in a compliance dropbox. What has been forgotten?
  1. Sarbanes-Oxley
  2. Sufficient analysis
  3. Communications to stakeholder
  4. Overall risk ranking
  5. Business impact analysis
Explanation
Answer. C. Communication to stakeholders is missing in this case. There has been no outbound communication to any of the stakeholders through the process.

Key takeaway: During the risk planning cycle, it is important to ensure readiness by communicating the plan to ALL stakeholders and take their input.
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