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

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= BCM Body of Knowledge 3: Business Impact Analysis Definitions (Business Continuity) =
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= BCMBoK 3: Business Impact Analysis (Business Continuity) =
  
  
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* [http://www.bcmpedia.org/w/index.php?title=Category:BcmBoK_3_CL_1B&action=edit&redlink=1| '''CL One (1)'''] | * [http://www.bcmpedia.org/w/index.php?title=Category:BcmBoK_3_CL_2B&action=edit&redlink=1| '''CL Two (2)'''] | * [http://www.bcmpedia.org/w/index.php?title=Category:BcmBoK_3_CL_3B&action=edit&redlink=1| '''CL Three (3)''']
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* [[title=Category:BcmBoK_3_CL_1B&action=edit&redlink=1| '''CL One (1)''']] | * [http://www.bcmpedia.org/w/index.php?title=Category:BcmBoK_3_CL_2B&action=edit&redlink=1| '''CL Two (2)'''] | * [http://www.bcmpedia.org/w/index.php?title=Category:BcmBoK_3_CL_3B&action=edit&redlink=1| '''CL Three (3)''']
  
 
= BCM Body of Knowledge 3: Business Impact Analysis Definitions =
 
= BCM Body of Knowledge 3: Business Impact Analysis Definitions =

Revision as of 12:54, 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!


Courses


Guidance Notes and Templates




BCMBoK 3: Business Impact Analysis (Business Continuity)


BCM Body of Knowledge 3: Business Impact Analysis Definitions

Competency Level (CL) 1

Competency Level (CL) 2

Competency Level (CL) 3

Revision Notes


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