Conduct Business Impact Analysis

Published under Risk Management

The Business Impact Analysis (BIA) is a key step in the continuity planning process. The BIA enables the Business Continuity Manager or Business Continuity Co-ordinator to fully characterise the systems requirements, processes and interdependences and use this information to determine continuity requirements and priorities.

The purpose of the BIA is to correlate specific IT components with the critical processes that they support and based on that information, to characterise the consequences of a disruption to the components. Results from the BIA should be appropriately incorporated into the analysis and strategy development efforts for the IT Disaster Recovery Plan, Business Recovery Plans and the Incident Management Plan [NIST 800-34].

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