Recovery Strategies: Annual Cost vs Expected Loss Avoided
This lesson is part of the course
In this lesson
You test five recovery strategies: expected loss avoided per year (probability × reduction in impact), net benefit after the strategy's annual cost, a Fund / Reject decision and the budget needed.
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Lessons in this course
- Process Inventory & Dependencies: What Needs What Locked
- Financial Impact per Hour of Outage: Lost Revenue, Penalties & Overtime Locked
- Impact over Time: 1 h, 4 h, 24 h, 72 h and the Impact Curve Locked
- Maximum Tolerable Downtime & RTO from Impact Thresholds Locked
- RPO: Data-Loss Cost vs Backup Frequency Cost Locked
- Recovery Priorities: Weighted Scores, Ranks & Tiers Locked
- Recovery Strategies: Annual Cost vs Expected Loss Avoided Locked
- Exercise Results vs RTO: Pass/Fail, Pass Rate & Highlighted Failures Locked