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What is a Business Impact Analysis (BIA)?

Stratogrid Advisory

What is a Business Impact Analysis (BIA)? The Business Impact Analysis (BIA) is a cornerstone of the Business Continuity Management (BCM) Program. Additionally, the BIA will leverage findings of the organizational Risk Assessment activity, which is sometimes executed as a part of the BIA engagement.

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Business Continuity Guide for Smaller Organizations

Stratogrid Advisory

Section 2 - Business Continuity Management (BCM) Program Implementation. Section 3 - Risk Assessment. Section 4 - Business Impact Analysis. 3 – Risk Assessment. 4 – Business Impact Analysis. 3 – Risk Assessment. 4 – Business Impact Analysis.

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Business Continuity Guide for Smaller Organizations

Stratogrid Advisory

The critical point a business needs to understand is that the program implementation and its maturity will require some time and effort across the organization.