From defining the boundaries, to assessing financial and operational impacts, to identifying critical processes, to determining RPOs for critical activities, there is a true methodological approach for developing a business impact analysis (BIA). The BIA allows organizations to identify the critical processes of business and its continuity requirements, which become the main issues for the development of an incident management plan (IMP).
In this article from Continuity Central, Alberto G. Alexander, Ph.D, MBCI, author of A Methodology for Business Impact Analysis: The BS 25999-2:2007 Approach, details nine methodological steps for developing a BIA and discusses information gathering methods and BIA project management aspects.
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