TCH2408. The What, Why, and How Guide to Business Impact Assessments

This session will help you identify the essential items that make up a Business Impact Assessment (BIA), what that information tells us, and how to get started in performing one. In addition, this session will help attendees recognize where the BIA process fits in the puzzle, which also includes risk assessments, business continuity plans, and other planning exercises. In the end, you will better understand how to identify which critical business functions in your organization are susceptible to risks, giving you a better idea on how to spend your resources to address those risks.

Learning Objectives:

• Estimate important metrics involved in the BIA process, including recovery time objectives, recovery point objectives, and maximum tolerable downtime.
• Recognize which events will have the greatest impact on the critical business functions in your organization.
• Distinguish between the BIA process and the Risk Assessment process.