As the Business Continuity Manager, you assign responsibilities for the completion of the Business Impact Analysis to each member of your team. You explain to your staff that they will be responsible to calculate the annual loss expectancy (ALE) of assigned risks. Your staff looks at you bewildered, so you need to explain the formula to them and how to use it.
- What explanation would you give so that your staff understands that formula?
- Provide an example of how to use the formula.
- Develop a matrix using the formula as part of your example.
Analysis: Presents an insightful and thorough analysis of all issues identified and demonstrates a sophisticated understanding of the topic(s) and issue(s).
Evaluation: Makes appropriate and powerful connections between the issues identified and the strategic concepts studied in the reading; Demonstrates complete command of the strategic concepts and analytical tools studied. Supports diagnosis and opinions with strong arguments and evidence; presents a balanced and critical view; interpretation is both reasonable and objective.
Recommendations: Presents detailed, realistic, and appropriate recommendations clearly supported by the information presented and concepts from the reading
Research: .Supplements case study with relevant and extensive research into the present situation of the company; clearly and thoroughly documents all sources of information.
Writing Mechanics: Writing demonstrates a sophisticated clarity, conciseness, and correctness; includes thorough details and relevant data and information; extremely well-organized. Uses APA guidelines accurately and consistently to cite sources.