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Sr Cuban

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Submitted By dayan1985
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BUSINESS IMPACT ANALYSIS

LESSONS LEARNED Robert L. Moisoff, MBCP

CPAC Nov 30 / Dec 1, 2006

BIA Lessons Learned
• • • • • • • • • • • Good Examples Anticipated Adjustments Custom Tailoring Design Philosophical Conflict Resolution Rollout Walkthrough User Handholding Draft Reviews and Adjustments Drop Dead Date Missed Delivery Deadlines Summary Conclusions Next Steps

BIA Lessons Learned
BIA DEFINED

o Process of determining the impact on an organization should a potential loss identified by the risk analysis actually occur. The Business Impact Analysis (BIA) should quantify, where possible, the loss impact from both a business interruption (number of days) and a financial standpoint.

1999 DRII

BIA Lessons Learned
ANOTHER BIA DEFINITION o Identifies the impacts resulting from disruptions and disaster scenarios that can affect the organization and techniques that can be used to quantify and qualify such impacts. Establishes critical functions, their recovery priorities, and interdependencies so that recovery time objective(s) and recovery point objective(s) can be set.*
*BIA standards & definition currently being revised by DRII committee

1.5

2004 DRII

BIA Lessons Learned
ANOTHER BIA DEFINITION o Process designed to identify critical business functions and workflow, determine the qualitative and quantitative impacts of a disruption, and to prioritize and establish recovery time objectives.
DRJ BC Glossary RLM 06/20/06

BIA Lessons Learned
ONE MORE o Process designed to prioritize business functions by assessing the potential quantitative (financial) and qualitative (non-financial) impact that might result if an organization was to experience a business continuity event.*
*Recent Update

2.5

DRJ BC Glossary

BIA Lessons Learned
MY BIA DEFINITION o A survey that shows how soon you need to have something(s) and do

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