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Business Impact Analysis (BIA) |
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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 main intent of a BIA is to identify all the critical resources, systems, facilities, records, etc., that are required for the continuity of the business. Additionally, the time it would take to recovery such resources will be identified. Once the data is collected, an analysis of all requirements, dependencies, and impact will be completed. A final report will be developed with recommendations of recovery strategies and presented to senior management. This will allow the business to determine what recovery strategies and solutions they will implement. The Business Impact Analysis is only a part of the overall Business Assessment. A Business Assessment is separated into two constituents, Risk Assessment (RA) and Business Impact Analysis (BIA). The Risk Assessment is intended to measure present vulnerabilities to the business's environment, while the Business Impact Analysis evaluates probable loss that could result during a disaster. To maximize the Business Impact Analysis, a Risk Assessment should also be completed. Objectives of the Business Impact AnalysisThe BIA is used to quantify adverse impacts to the business caused by a loss of business operations (functions/processes). Based on the level of impact, the appropriate recovery strategy is selected to mitigate these impacts. Objectives of the Business Impact Analysis include:
Once the assessment is completed, a business can make decisions regarding methods of mitigating risks. By completing a Risk Assessment and Business Impact Analysis, a business can implement the best strategies for Business Resumption Planning. Following BIA templates packages are available to suit your needs. Click on the individual template package to view it's table of content. To view actual sample, please feel free to email us at sales@supremusgroup.com and we will send you sample for review. If you are planning a complete Business Impact Analysis (BIA), Disaster Recovery Plan (DRP), Business Continuity Planning (BCP) and Emergency Mode Operation Plan (EMOP), Risk Assessment (RA), Data Center Recovery Plan & testing and revision plan with templates, policies, procedures, checklist, matrix, Policy, forms, guidelines, worksheets, methodologies, tools and standards. We would recommend you to consider our complete suite, complete enterprise wide business disaster recovery plan template suite Note: We offer 7 days money back guarantee to all USA companies. If you purchased templates without seeing samples and you are dissatisfied with our product, you will receive a full refund if you cancel your purchase & return the product within 7 days of buying the templates. Business Impact Analysis Template Packages:Following Business Impact Analysis templates packages are available to suit your needs. Click on the individual template with link to view it's table of content. Package 5:
Business Impact Analysis (BIA) Package with Policies and Applications & Data Criticality Analysis Bundle
Cost: $270 Package 1: Business Impact Analysis Long Version Template Suite (Click here for More Details....)
Cost: $90 Package 2: Business Impact Analysis Final Reports Template Suite (Click here for More Details....)
Cost: $90 Package 3: Business Impact Analysis Bundle Complete Package (Click here for More Details....)
Cost: $175 Package 4: Business Impact Analysis Bundle Complete Package with Policies (Click here for More Details....)
Cost: $210 Microsoft Project Templates for Disaster Recovery and Business Continuity PlanningTo view specific section of this document, please contact us at sales@supremusgroup.com or call us at (515) 865-4591.
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