Time
47 minutes
Difficulty
Advanced
CEU/CPE
5

Video Description

This lesson focuses on Business Impact Analysis (BIA). The BIA is initiated by the BCP committee and identifies and prioritizes all business practices based on criticality. A BIA looks at the quantitative and qualitative losses an organization can incur in the event of a loss a service or process. Key metrics to establish in a BIA are: • RPO: Recovery Point Objective • MTD: Maximum Tolerable Downtime o RTO: Recovery Time Objective o WRT: Work Recovery Time • MTBF: Mean Time Between Failures • MTTR: Mean Time to Repair • MOR: Minimum Operating Requirements Results of the BIA should contain: • ALL Businesses processes and assets • Impact company can handle dealing with each risk • Outage time that would be critical vs which would not be critical • Preventative controls

Up Next

Business Continuity & Disaster Recovery Planning

A Business Continuity Plan (BCP) is an overarching plan covering all forms of business process restoration, while Disaster Recovery Plans (DRP) focus only on IT systems

Instructed By

Instructor Profile Image
Kelly Handerhan
Senior Instructor