BCMBoK 3: Business Impact Analysis

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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


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