Conducting a Business Impact Analysis (Guide)

Business Impact AnalysisObjective of Business Impact Analysis

This document aims to help businesses conduct a Business Impact Analysis (BIA), which identifies the business’s critical processes, the required resources for each process, and the order in which processes need to be recovered.  This document guides how to conduct the BIA, analyze the information that is collected, and report the findings of the assessment.  The following documents are available to help the business complete the assessment:

  • BIA Template (both short and long versions)
  • Application & Data Criticality Template
  • Final Business Unit Report Template
  • Final Executive Management Report Template
  • Examples of Impact

The BIA is only a part of the overall Business Assessment.  A Business Assessment is separated into two constituents: Risk Assessment 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.

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Table of Contents

INTRODUCTION
  • Compliance
  • Scope
BUSINESS IMPACT ANALYSIS
  • Objectives of the BIA
  • Developing the Project Plan
  • BIA Process Steps

PHASE ONE – PROJECT DEVELOPMENT

  • Scope
  • Objectives and Deliverables
  • Method of Collection
  • Identify People
  • Interview Order

PHASE TWO – GATHER DATA

  • General Information
  • Process Information
  • Dependencies
  • Required Resources
  • Potential Impact

PHASE THREE – APPLICATION & DATA CRITICALITY

  • Application Information
  • Database Information
  • Hardware Information
  • Network Information

PHASE FOUR – ANALYZE THE DATA

  • Review Business Unit BIA
  • Follow-Up Meetings
  • Report the Results

FINAL REPORT & PRESENTATION

  • Creation of Executive Report
  • Presentations

NEXT STEPS           

APPENDIX

  • Appendix A:  Business Impact Analysis Short Template
  • Appendix B:  Business Impact Analysis Long Version Template
  • Appendix C:  Application & Data Criticality Analysis Template
  • Appendix D:  Final Business Unit Report Template
  • Appendix E:  Final Executive Report Template
  • Appendix F:  Sample BIA Questions
  • Appendix G:  Examples of Impacts