Risk Assessment

Avalution’s Business Continuity Consulting Services

Are you unsure of the best approach for performing a risk assessment as part of your business continuity planning effort? Avalution excels at helping organizations utilize internal knowledge, external research, and an understanding of their organization to help categorize, measure, and prioritize risk, using a systematic, organized, and repeatable approach. We're ready to assist you with your risk assessment. Let us show you how!

UNDERSTAND YOUR RISKS

Avalution will help focus your efforts on high-risk areas first.

WHAT IS A RISK ASSESSMENT?

A risk assessment enables an organization to understand the threats to and vulnerabilities of its most critical activities and supporting resources, as well as the impact that would arise if an identified threat leads to a disruptive incident.

WHY IS A RISK ASSESSMENT IMPORTANT?

A properly conducted risk assessment, performed in conjunction with a business impact analysis, enables an organization to clearly identify key risks to its most critical activities and resources. The information resulting from this analysis enables management to identify where risks exceed its risk appetite, and sets the stage for developing business continuity strategies and plans to reduce the likelihood of a disruption, shorten the period of the disruption, or limit the impact to the delivery of the organization’s key products and services.

HOW CAN AVALUTION HELP WITH YOUR RISK ASSESSMENT?

Our team will work with you to evaluate the business risk associated with disruptive incidents, assess the causes of downtime (as well as potential impacts and likelihood), and identify ways to reduce these risk to a level acceptable to management through proactive planning. In addition, Avalution can assist you with identifying the critical elements of your supply chain and developing solutions to mitigate those risks.

ADDITIONAL RESOURCES

For additional information on this topic, we recommend checking out:

The Relationship Between the Business Impact Analysis and Risk Assessment

How to Determine Risk Appetite in the Context of Business Continuity

Planning for Every Scenario is “for the Birds”

Risk Assessment Purpose and Pitfalls

The Top Five Questions to Ask Your Critical Suppliers

Managing Expanding Supply Chain Risks

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