Business Impact Analysis
Introduction
Business Impact Analysis (BIA) is an important and regular part of the Business Continuity Management work cycle. Each part of the business needs to review their BIA annually or after significant change (e.g. company or divisional re-structure).
Objective
The aim of this BIA is to gather together an overall view of what time critical functions need to be recovered, in what order, within what timescales and how many staff are required, in the event of a disaster. The output from the analysis is a priority listing of critical functions that can be used by the Crisis Management Team (CMT) during an incident to ensure resources are being directed at the most appropriate areas. The analysis also feeds into our overall recovery strategy and plans for ensuring the necessary resources (particularly people, work transfer, work area recovery and IT services) are being provided on an ongoing basis.
