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A failure reporting, analysis, and corrective action system (FRACAS) is a system, sometimes carried out using software, that provides a process for reporting, classifying, analyzing failures, and planning corrective actions in response to those failures.
Often used together, the terms business continuity (BC) and disaster recovery (DR) are very different. BC refers to the ability of a business to continue critical functions and business processes after the occurrence of a disaster, whereas DR refers specifically to the IT functions of the business, albeit a subset of BC.
An incident is an event that could lead to the loss of, or disruption to, an organization's operations, services or functions. [2] Incident management (IcM) is a term describing the activities of an organization to identify, analyze, and correct hazards to prevent a future re-occurrence.
Filtering means that the event notification can be ignored or communicated to the management tool. If ignored, the event will usually be recorded in a log file on the device, but no further action will be taken. During the filtering step, the event will receive a level of correlation (type: informational, warning, or exception).
A fault tree diagram. Fault tree analysis (FTA) is a type of failure analysis in which an undesired state of a system is examined. This analysis method is mainly used in safety engineering and reliability engineering to understand how systems can fail, to identify the best ways to reduce risk and to determine (or get a feeling for) event rates of a safety accident or a particular system level ...
In accident analysis it could be used to determine leading factors, post-incident. This model works like a flow chart to help show all processes and systems that may have effected the outcome of the incident. Failure Mode and Effect Analysis: This model uses a quantitative value to represent qualitative metrics like probability and severity ...
[5] [8] The more complex risk analysis tools of fault tree analysis, event tree analysis use the same principle: Things go wrong, there is a reason for that and a result too, with the result generating the adverse consequences. The bow-tie diagram introduces the concept of a central energy-based event (the "bow tie knot") in which the damaging ...
It is a true all-incident reporting system. Within the NFIRS states, participating local fire departments fill out the Incident and Casualty reports as fires occur. They forward the completed incidents via paper forms, computer media or the Internet to their state office where the data is validated and consolidated into a single computerized ...