Business Impact Analysis

From Open Risk Manual

Definition

Business Impact Analysis is a component of Business Continuity Management. Business impact analysis is the process of identifying and measuring (quantitatively and qualitatively) the business impact or loss of business processes in the event of a Business Disruption. It is used to identify recovery priorities, recovery resource requirements, and essential staff and to help shape a Business Continuity Plan[1]


References

  1. BCBS, High-level principles for business continuity, August 2006

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