Difference between revisions of "Part 2: Impact Area Of Business Functions v2.0"

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{{Template:Planning Methodology BIA}}
 
{{Template:Planning Methodology BIA}}
  
== Business Impact ==
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= '''Business Impact''' =
 
[[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]]
*'''[[Impact Area]]: Hard (H)/ Soft (S)'''
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=='''[[Impact Area]]: Hard (H)/ Soft (S)'''==
**[[Hard Impact]]: Direct Financial Impact.
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*[[Hard Impact]]: Direct Financial Impact.
**[[Soft Impact]]: Indirect Financial Impact and Non-Financial Impact.
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*[[Soft Impact]]: Indirect Financial Impact and Non-Financial Impact.
***[[Examples of Financial and Non-financial Impacts]]
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*[[Examples of Financial and Non-financial Impacts]]
**[[Basis for Calculating Hard and Soft Impact]]
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*[[Basis for Calculating Hard and Soft Impact]]
**'''Total ($) Impact'''
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*'''Total ($) Impact'''
***Calculate the total financial impact on your business unit if you did not carry out this business function for X calendar days.
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**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'''
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*'''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.
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**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| Quantification]]'''
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== '''[[Quantification| 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.
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*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?'''
 
*'''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.
 
**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.
  
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{{Button Back BCM BIA}}
 
== FAQ for Completion of BIAQ ==
 
== FAQ for Completion of BIAQ ==
 
 
* [[BIAQ FAQ for Part 2: Impact Area Of Business Functions v2]]
 
* [[BIAQ FAQ for Part 2: Impact Area Of Business Functions v2]]
  
 
[[Guidance_Notes-C-BIA-v2| '''Back''']]
 
[[Guidance_Notes-C-BIA-v2| '''Back''']]

Revision as of 15:56, 16 January 2020

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BCM Planning Methodology BIA.jpg

Business Impact

File:BIA ImpArea 2.0.jpg
Part 2: Impact Area of Business Functions

Impact Area: Hard (H)/ Soft (S)

  • 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.
BackBCM BIA.png

FAQ for Completion of BIAQ

Back