Package 4: Business Impact Analysis (BIA) Bundle - Complete Package with Policies
Due to many regulatory compliance authority's rules and regulations, organization needs to implement Business Impact Analysis, Business Continuity and Disaster Recovery Planning Practices to ensure the protection of their critical data information as well as to consistently safeguard their most important business function and operations, so that at any unreliable situation their business function maintains its full functionality reducing the highly unpredictable loss as well as the timeframe that will require in resuming their business function back to the normal path. There are numerous steps that organization will be completing to successfully carry out this responsibility and to understand the potential impact to the business if a disruptive or unreliable event occurred.
Developing the Business Impact Assessment (BIA) Project Plan
For the success of a Business Impact Assessment, you will need to create and follow a well defined Project Plan. The project plan should define key members, objectives, and the steps that will need to be followed for the success of the project. The key to a successful project lies in the development of a functional and comprehensive project plan.
Phase One - BIA Project Development
For this document, a four phased approach has been explained. During the first phase, you will identify the project team, key business unit members, and define the scope and objectives.
Phase Two - Gather Data
In the second phase, data collection is completed. If you choose to use a questionnaire and face-to-face interviews, those will be done during this process. Processes are identified and recovery time objectives are stated. Also, the amount of potential impact to business processes is defined.
Phase Three - Application & Data Criticality
The third phase conducts the Application and Data Criticality Analysis. During this activity, you will identify the critical applications and data that current contain vital data. The recoverability of Information Systems will be identified during this phase. Since business processes and their recovery time frames are identified in the previous phase, you will be able to map the capabilities to the processes. By doing this you will identify recovery time frame gaps and implement strategies for recovery.
Phase Four - Analyze the Data
Lastly in the fourth phase, you will analyze the data, review the findings with the business units and report the final findings to senior management. If a Risk Assessment has been completed, the results can be reported with the BIA findings.
The business impact assessment template created by us are applicable for any organization for various different business categories such as IT departments of different companies, financial institutions, healthcare organizations, educational organizations, manufacturing company, security consulting companies, telecommunication companies, servicing companies, law firms, pharmaceuticals & biotechnology companies, warehouses, distributors and many others. The business impact assessment template will also help organization to comply with regulations such as SOX, FISMA, HIPAA, ISO 27002, Basel II, PCI, etc.
The following documents are offered to help the business complete a comprehensive Business Impact Assessment:
- Conducting a Business Impact Analysis Guide (23 pages)
- Long Version Business Impact Analysis Template (21 pages)
- Example of Completed Long Version BIA (24 pages)
- Short Version Business Impact Analysis Template (6 pages)
- Example of Completed Short Version BIA (4 pages)
- Final BIA Executive Management Report Templates w/ Charts (32 pages)
- Final Business Unit Report Template w/ Charts (11 pages)
- Example Final Executive Management Report (40 pages)
- Example Final Business Unit Report (8 pages)
- Business Impact Analysis Policy (12 pages)
- Business Impact Analysis Standard (14 pages)
- Policy & Standards Instructions (3 pages)
Cost: $210
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