Difference between revisions of "Part 2: Impact Area Of Business Functions v2.0"
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= '''Business Impact''' = | = '''Business Impact''' = | ||
− | == ''' | + | =='''Business Function and Function Code''' (Col 2 & 3)== |
− | + | *Cross-reference to the Business Function/function code or number from [[Part 1: Identification of Business Functions v2.0| original Function No assigned in Part 1]] | |
[[Image:BIA ImpArea 2.0.jpg |thumb|800px|right| Part 2: Impact Area of Business Functions]] | [[Image:BIA ImpArea 2.0.jpg |thumb|800px|right| Part 2: Impact Area of Business Functions]] |
Revision as of 16:54, 16 January 2020
Contents
Business Impact
Business Function and Function Code (Col 2 & 3)
- Cross-reference to the Business Function/function code or number from original Function No assigned in Part 1
Impact Area (Col 4)
- Hard (H)/ Soft (S)
Financial Impact (Col 5 & 6)
- Hard Impact: Direct Financial Impact.
- Soft Impact: Indirect Financial Impact and Non-Financial Impact.
- Examples of Financial and Non-financial Impacts
- Basis for Calculating Hard and Soft Impact
- Total ($) Impact
- Calculate the total financial impact on your business unit if you did not carry out this business function for X calendar days.
- How Impact is Quantified
- Describe how this figure is made up, focusing on the most significant items. There could be contractual penalties, interest claims, missed business opportunities and loss of commission, expressed as a formula.
Quantification
- The amount from the direct financial impact in local currency, for a period of X days. Please state time period if it is less than X days as some business functions will cease to operate within one or two days after the disaster because there is no new transactions.
- Remarks: How is the hard impact quantified?
- Provide the workings or basis for computing the amount of loss. For example, $20,000 received per day multiplied by 2% interest payment for overdraft, multiply by X days of outage.