Business Impact Analysis (BIA) and Risk Assessment
A good business continuity plan is based on a sound analysis of the risks
that an organization faces. Without a Business Impact Analysis and Risk Assessment
you cannot justify your continuity or recovery strategy.
If you fail to identify a risk you can neither manage it nor effectively
plan for its consequences.
Your Business Impact Analysis:
- Identifies the critical processes and dependencies within your organization.
- Estimates the financial and other consequences if minimum service levels cannot be achieved.
- Identifies the time constraints and minimum service levels you need to plan for in your recovery operations.
- Determines which recovery strategies will work if organizational objectives are to
Your Risk Assessment:
- Identifies possible threats the continued operations of your organization.
- Identifies cost-effective measures to mitigate those threats.
- Determines, in conjunction with your business impact assessment, how much you should
spend on risk reduction and business recovery planning.
This seminar is designed to give you practical methods for
identifying the threats your organization faces, determining their impact,
prioritizing the risks, and generating the information you need to create a cost-effective
business recovery strategy. The seminar is offered in association with
Albion Research Ltd..
What will I learn?
In this seminar you will learn:
- How to conduct a Business Impact Analysis (BIA) to determine
the critical processes in your organization.
- The importance of the Recovery Time Objective (RTO) and
Recovery Point Objective (RPO) and how these determine your recovery strategy.
- How to identify critical processes in your organization: who to ask and what questions to ask them.
- How to save time and money following a disaster by using a Minimum Service Level (MSL).
- Practical methods for identifying and prioritizing risks.
- Quantitative and qualitative techniques for risk assessment.
- How to cost-justify your Business Continuity strategy.
Who should attend?
You should attend this seminar / workshop if:
- You are writing a Business Continuity Plan and need to identify
which risks the plan should cover or which recovery strategy you should adopt.
- You are maintaining or updating an existing Business Continuity Plan
and therefore need to ensure that all major threats have been addressed in the plan.
- You are responsible for an IT department's Disaster Recovery Plan, and wish
to ensure that the department's plan will meet the organization's needs.
- You are responsible for managing the Business Continuity/Disaster Recovery
- You are a financial officer or controller, and therefore have responsibility for risk.
The seminar schedule and booking information are available
through the Risky Thinking website.