A business impact analysis is the process of predicting the impact of large scale interruption of business functions due to factors such as a disaster. It is a basic planning step for business continuity management and disaster recovery. The output of a business impact analysis is typically a prioritization of business functions for restoration in the event of disruption. Such an analysis is often focused on the complex dependencies that may exist between functions and systems. Planning can occur at several different levels:
CapabilitiesCapabilities are abstracted business functions that can be mapped to organizational realities such as processes and systems. For example, risk management is a high level capability for an investment bank.
ServicesViewing an organization as a series of services such as IT support and customer service.
ProcessesThe repeated operational practices of a business such as the flow of an order from sales-to-billing.
SystemsIT services may be viewed at the system level for the purposes of disaster recovery.
|Type||Business Continuity Planning|
|Definition||Analysis of the impact of the interruption of business functions.|
|Value||Prioritizing restoration of capabilities, processes, services and systems in the event of a disaster.|
|Also Known As||BIA|
|Related Processes||Business impact analysis is a preliminary step in business continuity planning.|
|Related Concepts||Business ContinuityCold Site|
Business Impact Analysis
This is the complete list of articles we have written about business impact analysis.
If you enjoyed this page, please consider bookmarking Simplicable.
© 2010-2023 Simplicable. All Rights Reserved. Reproduction of materials found on this site, in any form, without explicit permission is prohibited.
View credits & copyrights or citation information for this page.