Difference between revisions of "BCMBoK 3: Business Impact Analysis"

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===BCMBoK 3: Business Impact Analysis Definitions===
 
===BCMBoK 3: Business Impact Analysis Definitions===
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== BCM Body of Knowledge 2: Risk Analysis & Review Definitions ==
  
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* [http://www.bcmpedia.org/w/index.php?title=Category:BcmBoK_3_CL_1B&action=edit&redlink=1| BCM BoK 3 (BC) '''Business Continuity''': Risk Analysis & Review]
  
==B==
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* [http://www.bcmpedia.org/w/index.php?title=Category:BcmBoK_3_CL_1C&action=edit&redlink=1| BCM BoK 3 (CM) '''Crisis Management''': Risk Analysis & Review]
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* [http://www.bcmpedia.org/w/index.php?title=Category:BcmBoK_3_CL_1CC&action=edit&redlink=1| BCM BoK 3 (CC) '''Crisis Communication''': Risk Analysis & Review]
*[[Business Function]]
 
*[[Business Impact Analysis (BIA)]]
 
*[[Business Impact Analysis Questionnaires (BIAQ)]]
 
|}
 
  
==C==
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* [http://www.bcmpedia.org/w/index.php?title=Category:BcmBoK_3_CL_1D&action=edit&redlink=1| BCM BoK 3 (DR) '''Disaster Recovery''': Risk Analysis & Review]
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* [http://www.bcmpedia.org/w/index.php?title=Category:BcmBoK_3_CL_1A&action=edit&redlink=1| BCM BoK 3 (A) '''BCM Audit''': Risk Analysis & Review]
*[[Critical]]
 
*[[Critical Business Functions (CBF)]]
 
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==I==
 
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*[[Impact]]
 
*[[Inter-dependencies]]
 
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== M ==
 
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*[[Minimum Business Continuity Objective (MBCO)]]
 
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== Q ==
 
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*[[Quantification]]
 
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== R ==
 
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*[[Recovery Period]]
 
*[[Recovery Point Objective (RPO)]]
 
*[[Recovery Time Objective (RTO)]]
 
*[[Risk Assessment]]
 
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== V ==
 
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*[[Vital Records]]
 
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==Disaster Recovery==
 
 
 
==B==
 
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*[[Business Impact Analysis (BIA)]]
 
|}
 
 
 
==C==
 
{| Style="width:100%" border="0" cellpadding="2"
 
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|
 
*[[Classification of Systems]]
 
*[[Critical]]
 
*[[Critical Applications]]
 
|}
 
 
 
==I==
 
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|
 
*[[Inter-dependencies]]
 
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== M ==
 
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*[[Major Application]]
 
*[[Maximum Acceptable Outage (MAO)]]
 
*[[Maximum Acceptable Outage Time (MAOT)]]
 
*[[Maximum Allowable Downtime (MAD)]]
 
 
 
*[[Maximum Tolerable Downtime (MTD)]]
 
*[[Minimum Business Continuity Objective (MBCO)]]
 
|}
 
 
 
== Q ==
 
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*[[Qualitative Losses]]
 
*[[Quantification]]
 
*[[Quantitative Losses]]
 
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== R ==
 
{| Style="width:100%" border="0" cellpadding="2"
 
|-valign="top"
 
 
 
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*[[Recovery Objectives - Category]]
 
*[[Recovery Period]]
 
*[[Recovery Point Objective (RPO)]]
 
*[[Recovery Time Objective (RTO)]]
 
|}
 
 
 
== V ==
 
{| Style="width:100%" border="0" cellpadding="2"
 
|-valign="top"
 
 
 
|
 
*[[Vital Records]]
 
|}
 
  
  

Revision as of 12:41, 26 December 2015

Body of Knowledge Menu| BoK 1 | BoK 2 | BoK 3 | BoK 4 | BoK 5 | BoK 6 | BoK 7

BCM Planning Methodology

1. Business Continuity Management Body of Knowledge 3 or BCMBoK 3 provides the minimum expectation for a BCM professional in the area of Business Impact Analysis.

  • Implement business impact analysis process.
    • Understand the principles and scope of the BIA process.
    • Apply the BIA implementation process.
    • Understand the available BIA data collection mechanisms.
    • Determine and apply the appropriate BIA data collection mechanism.
    • Design a custom tailored BIA questionnaire.
  • Gather BIA Information.
    • Identify activities that support Critical Business Functions (CBF) and identify owners.
    • Determine impacts of a disruption to each activity/process across the organization that may damage organization's reputation, assets or financial position.
    • Quantify timescales where interruption becomes unacceptable to the organization.
    • Determine key requirement for organization-wide tolerable downtime.
    • Determine Inter-dependencies and intra-dependencies.
    • Identify vital records needed for recovery.
    • Identify and document CBFs, critical processes and critical application.
  • Determine continuity resources.
    • Provide the resource information to determine or recommend Business Continuity Strategy.
    • Identify internal and external resource requirements to support activities.
    • Quantify the people, technology, and telephony resources required over time to maintain business activities at an acceptable level and within the maximum tolerable period of disruption.
  • Seek Executive Management Approval.
    • Seek sign off of requirements by process owners.
    • Present requirements to executive management and seek approval to adopt the findings as the basis for determining a BC strategy.

Related Terms: Business Impact Analysis.

Conducting Your Impact Analysis For Business Continuity Planning BUY!


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Guidance Notes and Templates

BCMBoK 3: Business Impact Analysis Definitions




BCM Body of Knowledge 2: Risk Analysis & Review Definitions


Revision Notes


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