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.
The rubric for this assignment can be viewed when clicking on the assignment link.
The paper must following the formatting guidelines in The Publication Manual of the American Psychological Association (2010), (6th ed., 7th printing), and contain a title page, five scholarly references, three to five pages of content, and a reference page. In addition, the paper will be submitted through the SafeAssign originality-checking tool. More APA assistance can be found at the Purdue University Online Writing Lab.