Conducting business impact analysis

Doing business impact analysis (BIA) will help the contingency planning coordinators to easily characterize an organization's system requirements and their interdependencies. This information will assist them in determining the organization's contingency requirements and priorities when coming up with the contingency plan. The main purpose of conducting a BIA, however, is to correlate different systems with the critical services that they offer (6). From this information, the organization can identify the individual consequences of a disruption to each system. Business impact analysis should be done in three steps, as illustrated in the following diagram:

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