Business Impact Analysis Pdf
The first step in any business is to identify all the risks which a business is facing.
Business impact analysis pdf. The business impact analysis is flexible for the document single impact or use for compare multiple options may also easier with it. A bia identifies the impact of downtime for various activities and processes. Your bia should help you determine which functions must continue without interruption which can be scaled back or.
Business impact analysis background information this document provides background information on a business impact analysis bia and explains how to complete the bia template. The business impact analysis is done to identify the loss of functions and their impact on business. The business impact analysis is a key part of any business since it helps us to evaluate many key functions of the business.
The business impact analysis bia is performed to identify the key business processes and technology components that would suffer the greatest financial operational customer and or legal and regulatory loss in the event of a disaster. The aim of a bia is to understand what your to these activities the a bia deals with this stage of the bus con lifecycle key activities are the impact of a disruption. Business impact analysis is the process of figuring out which processes are critical to the company s ongoing success and understanding the impact of a disruption to those processes.
Objectives and requirements can use as baselines for the evaluation of impacts hence make the proper review of the objectives and requirements. Your responsibility to identify measure and mitigate the impact of potential risks in a company is work done by a business analyst. The term business impact analysis has been applied to a wide variety of different methods over the years but a consensus has emerged in the last few years following the publication of bs 25999 1 business continuity management code of practice bs 25999 2 business continuity.
Probably it is very important to understand the objectives. The main intent of a business impact analysis is to identify all the critical. Business impact analysis template 9 free word pdf format download.
The bia identifies the quantitative measurable and qualitative usually reputational impact that could occur if a department or business function was unable. Version 1 0 mm dd yyyy version history provide information on how the development and distribution of the business impact analysis was controlled and tracked. Business impact analysis worksheet a business impact analysis bia is often a key component of a business continuity plan bcp.