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

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'''1.''' Business Continuity Management Body of Knowledge 3  or [[BCM Body of Knowledge (BCMBoK)|BCMBoK]] 3 provides the minimum expectation for a BCM professional in the area of [[Business Impact Analysis (BIA)|Business Impact Analysis]].  
 
'''1.''' Business Continuity Management Body of Knowledge 3  or [[BCM Body of Knowledge (BCMBoK)|BCMBoK]] 3 provides the minimum expectation for a BCM professional in the area of [[Business Impact Analysis (BIA)|Business Impact Analysis]].  

Revision as of 15:30, 26 December 2015

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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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BCMBoK 3: Business Impact Analysis

BCM Audit

CL One (1) | * CL Two (2) | * CL Three (3)

Business Continuity

CL One (1) | * CL Two (2) | * CL Three (3)

Crisis Management

CL One (1) | * CL Two (2) | * CL Three (3)

Crisis Management

CL One (1) | * CL Two (2) | * CL Three (3)

Disaster Recovery

CL One (1) | * CL Two (2) | * CL Three (3)

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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