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Business Continuity Planning

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Business continuity planning

Business continuity impact analysis identifies the effects resulting from disruption of business functions and processes. It also uses information to make decisions about recovery priorities and strategies.
The Operational & Financial Impacts worksheet can be used to capture this information as discussed in Business Impact Analysis. The worksheet should be completed by business function and process managers with sufficient knowledge of the business. Once all worksheets are completed, the worksheets can be tabulated to summarize:
• the operational and financial impacts resulting from the loss of individual business functions and process
• the point in time when loss of a function or process would result in the identified business impacts
Those functions or processes with the highest potential operational and financial impacts become priorities for restoration. The point in time when a function or process must be recovered, before unacceptable consequences could occur, is often referred to as the “Recovery Time Objective.”
Resource Required to Support Recovery Strategies
Recovery of a critical or time-sensitive process requires resources. The Business Continuity Resource Requirements worksheet should be completed by business function and process managers. Completed worksheets are used to determine the resource requirements for recovery strategies.
Following an incident that disrupts business operations, resources will be needed to carry out recovery strategies and to restore normal business operations. Resources can come from within the business or be provided by third parties. Resources include:
• Employees
• Office space, furniture and equipment
• Technology (computers, peripherals, communication equipment, software and data)
• Vital records (electronic and hard copy)
• Production facilities, machinery and equipment...

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