Business Impact Analysis

Independent of Risk Assessment but an integral part of it, the Business Impact Analysis (BIA) measures the actual impact on business in the event that a business process or supporting IT systems are not available when required. Again, while the BIA is not a Business Process Management (BPM) exercise; it is usually the initiator of such an exercise.

Business Benefits:

  • Ensures management and business buy-in.
  • Delivers cost justification for disaster management.
  • Improves business relationships.
  • Ensures business continuity is focused on business requirements.
  • Ensures communication within the organisation.
  • Improves the Incident Management and Reporting process.
  • Determines the technology to be implemented.
  • Determines the roles and responsibilities across the organisation.
  • Determines whether further technology is required.