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Risky Business: Is Looking at Likelihood a Waste of Time?

Plan B Consulting

For a while, business continuity has always had a slightly uneasy relationship with risk management. In the 2010 and 2013 GPGs we looked at threat assessments, whereas in the more recent 2018 GPG, we cover a threat and risk assessment. You will not find too many 3×1 matrices in risk management handbooks.

article thumbnail

Risky Business: Is Looking at Likelihood a Waste of Time?

Plan B Consulting

For a while, business continuity has always had a slightly uneasy relationship with risk management. In the 2010 and 2013 GPGs we looked at threat assessments, whereas in the more recent 2018 GPG, we cover a threat and risk assessment. You will not find too many 3×1 matrices in risk management handbooks.