1. Brief Description:
Business Impact Analysis (BIA) is a process used to identify and evaluate the potential impact of disruptions to critical business operations. The goal of BIA is to develop strategies and plans to minimize the impact of disruptions and ensure the continuity of critical business operations.
2. Key Topics:
The key topics covered by BIA include identifying critical business processes, assessing their dependencies and vulnerabilities, determining the potential impact of disruptions, identifying recovery time objectives and resource requirements, and developing response and recovery plans. These topics are used to understand the potential impact of disruptions and develop strategies to ensure the continuity of critical business operations.
3. Audience:
BIA is designed for business continuity managers, risk managers, IT managers, and other professionals responsible for managing business operations and ensuring their continuity. It is also useful for senior executives and board members who need to understand the potential impact of disruptions and the strategies in place to minimize their impact.
4. Learning Objectives:
The main learning objectives of BIA include understanding the principles of business continuity management, identifying critical business processes and their dependencies, assessing the potential impact of disruptions on critical business operations, developing recovery time objectives and resource requirements, and developing response and recovery plans. By the end of the training, participants should be able to apply BIA to identify critical business processes, assess their vulnerabilities, and develop strategies and plans to ensure the continuity of critical business operations in the event of disruptions.