Business Impact Analysis (BIA) is defined as Management-level analysis aimed at identifying a firm's exposure to sudden loss of critical business functions and supporting resources, due to an accident, disaster, emergency, and/or threat.
BIA involves assessing both financial and non-financial (customer service, market confidence, creditor or supplier confidence) costs during business disruption and business restoration periods.
The success of a Business Continuity Management Program relies on a good Business Impact Analysis plan. This training course will provide delegates with an understanding of the step by step development of a BIA Plan and the critical steps required to thoroughly understand the nature and requirements of an organization.
Who should attend?
This is an overview compact course specially designed to meet the needs for key management staff, risk management committee, working team for ISO 22301 management systems compliance and/or all interested functions and levels for the basic understanding of business continuity management.
What will I learn?
This programme aims to help delegates
- Identify business functions and processes critical to the survival of business
- Identify requirements for recovery
- Identify the financial impact to business
- Identify the operational impact to business
What is included?
On completion, you will be awarded an internationally recognized BSI Training Academy certificate.
