business impact analysis

The BIA process is normally conducted to help an organization identify the key systems and data relevant to sustaining business. This process is the first step in putting together an effective business continuity plan. It requires client participants to identify economic, legal, service, and other operational implications that affect their ability to deliver a service or other work product in the event of a service disruption. The BIA process helps define the results of a loss on individual locations, business units or processes in financial and operational terms. The results provide information about a business area's current ability to deal with a disruption, and the potential impacts that maybe experienced if one should occur.