Improve Your Business Impact Analysis tip 1 – scope

A successful Business Impact Analysis (BIA) will harness knowledge from throughout the organization to compile accurate comprehensive data needed create practical business continuity plans. These tips will help the business continuity management professional focus their efforts on collecting valid data from credible sources.

Due to the magnitude and scale of the BIA, treat it as a separate project. Document the BIA project scope, objectives, timeline, resources and milestones. Understand and manage the BIA project risks.

Tip #1 Closely define the scope of each BIA

The first BIA completed does not have to cover all business functions and gather every bit of information. Objectives should list the products of this BIA which may include Recovery Time Objectives, Recovery Point Objectives, resource requirements and/or dependencies.  A BIA that takes longer than three months will start to contain outdated information and can stall the planning process for the recovery strategies. In large organizations conducting multiple targeted BIAs will expedite plans and allow for testing of your methodology.

Establish a BIA project team that represents all the areas within scope of the BIA. Team members need to be appointed by their senior management and have time to devote to this project.  Provide training to the team members on the methodologies and products of a BIA as well as limited business continuity plan management.

Create a scenario for the BIA. The scenario must affect; People, Information, Technology and the Workplace and result in an interruption foreseen to have at least 30 days duration.

Return tomorrow for our final tip on Business Impact Analysis (BIA).

(For more information on DRI’s professional practices please read Professional Practice One – Program Initiation and Management DRII Professional Practices  June 1, 2012 Version 1)

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