This encyclopedia is a guide to best practices in understanding risk and business impact. It provides essential guidance for the identification, management and control of risks confronting businesses. This book is intended to provide guidance and examples for the identification, management and control of risks. Wherever practicable, case studies and examples have been used to illustrate the points. Many examples are provided throughout this guide: these all have their roots in real cases and come heavily laden with pragmatism. It describes dramatic social changes going on in everyday life and in the workplace and deals with how new technologies and the decrease of full-time positions, among other transformations, requires abandoning the established rules and experimenting with new ways of working with one another. The text also concerns itself with the quantification of risk, the modeling of identified risks and how to make decisions from those models and offers a powerful and precise method for dealing with the uncertainty and variability of a problem. Practicable examples have been provided for different methodologies so that it is most appropriate to the reader’s organization’s business continuity maturity and culture can be selected.