The purpose of the business impact analysis (BIA) is to identify which business units/departments and processes are essential to the survival of _____________. The BIA will identify how quickly essential business units and/or processes have to return to full operation following a disaster situation. The BIA will also identify the resources required to resume business operations.
Business impacts are identified based on worst-case Scenario that assumes that the physical infrastructure supporting each respective business unit has been destroyed and all records, equipment, etc. are not accessible for 30 days. Please note that the BIA will not address recovery solutions.
The objectives of the BIA are as follows:
Estimate the intangible (operational) impacts for each business unit, assuming a worst-case scenario.
Identify the organization’s business unit processes and the estimated recovery time frame for each business unit.
Policy Each Facility Business Continuity Planner shall perform a BIA on all business processes to determine the criticality of these processes to ______________ and to determine what the impacts are to the organization if those processes were interrupted. It shall identify the business process availability Recovery Time Objectives (RTOs), business process Recovery Point Objectives (RPOs), key business processes and the associated risks if these processes were not available.
Each Facility within __________________. should have a Business Impact Analysis which includes each department and process located within the facility.
Business Impact Analysis Scores
The following number scores have been established to provide firm tangible and intangible exposure categories for cross-company comparison.
Cumulative Dollar Loss Ranges (Tangible)
≥ $1,000 < $5,000
≥ $5,000 < $10,000
≥ $10,000 < $25,000
≥ $25,000 < $50,000
≥ $50,000 < $100,000
≥ $100, 000 < $150,000
≥ $150,000 < $250,000
≥ $250,000 < $500,000
Customer Service and Goodwill Loss Ranges (Intangible)
Termination or reduction of service level (internal of external), live operators vs. automated response
Public image, shareholder relations, market share
B A Business Impact Analysis is a process used to determine the effect of an interruption of services on each business unit and the organization as a whole. The analysis can provide information on the short and long term effects of a disaster on such factors as profit, market share and goodwill.
This information in required to develop a business continuity strategy for the entire organization. Please fill out this questionnaire in as much detail as possible. Your input will be valuable in developing an effective Business Continuity program.