Capitalizing on Risk Assessment Analysis and BIA for More Precise and Focused BC Plans

Image by Gerd Altmann from Pixabay  It’s quite true that the process involved in the development of business continuity and disaster recovery plans go through a lot of stages, but you can’t kick start them without taking into cognizance the vital contributions of BIA (business impact analysis) and risk assessment analysis. Once you have taken the two into consideration, you can then go ahead to formulate strategies that will enable you to handle the various hazards, risks, possible perils, and threats to critical business processes identified in the BIA and risk assessment analysis.  If you are able to accomplish this, what you come up with is a completed business continuity plan. It’s important that you focus on the relationship between business impact analysis and risk assessment analysis, in order to fully comprehend the highly important process of developing business continuity/disaster recovery strategies, for you to eventually build your watertight BC/DR plans. BIA data The areas you can deploy the results of a BIA to identify include:  The most crucial business functions and processes to be recovered and reestablished after you might have experienced a disruptive event. Resources your organization needs to effectively sustain your key operations, such as email, a suite of office…

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