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Business Impact Analysis

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Description
 

Business Impact Analysis (BIA) is an “evil must” ( necessity ) in business continuity planning. It is a crucial step because it provides the justification to management for investing in business continuity solutions.

BIA, is the process by which all business functions are categorized based on their urgency to be resumed after a disruption. Support functions such as IT, Finance, HR and Administration are also categorized based on the dependencies of the core business functions.

There are three (3) key steps in completing a BIA study:

       ►  Data gathering steps,

       ►  Analysis step, and

       ►  Reporting step.
 



The first step involves interaction with the various business function owners. The second and third steps are mainly handled by the project team.


Service Modules
 

  • Business impact Analysis Standard Approach
     
  • Business Impact Analysis Workshop Approach
     
  • Business Impact Analysis Coaching Approach

Please contact us for further details.