Analysis which identifies the elements vital to a business, identifies the potential threats, assesses how likely those threats may occur, and the impact of those threats on the business.
a first step towards business continuity and disaster recovery planning
a proven method of determining this cost of risk by identifying the impact of business or service disruptions, and helping you to target those operations and processes which require recovery planning
a proven method of determining this cost of risk by identifying the interdependency of manufacturing operations as well as the relationship between manufacturing and other business functions
A Business Impact Analysis determines what levels of impact to a system are tolerable.
A process designed to identify and measure critical business operations to determine the qualitative and quantitative impacts of a disaster or failure
The process of analyzing all business functions and the effect that a specific disaster may have upon them.
The management level analysis by which an organisation assesses the quantitative (financial) and qualitative (non-financial) impacts, effects and loss that might result if the organisation were to suffer a Business Continuity E/I/E/C. The findings from a BIA are used to make decisions concerning Business Continuity Management strategy and solutions.
The BIA is undertaken for all key business processes and establishes the recovery priorities, should the processes be disrupted or lost.
An exercise that determines the impact of losing the support of any resource to an organization and establishes the escalation of that loss over time, identifies the minimum resources needed to recover and prioritizes the recovery of processes and supporting systems
A management level analysis that identifies the impacts of losing company resources. The BIA measures the effect of resource loss and escalating losses over time, in order to provide senior management with reliable data upon which to base decisions on risk mitigation and continuity planning. (Associated terms: Business Impact Assessment; Business Impact Analysis Assessment)