Business Impact Analysis
Each year, RiskLogic facilitates hundreds of Business Impact Analysis (BIA) workshops for our clients across Australasia. A BIA is conducted to accurately map the vulnerabilities of the organisation, identify critical workflows and key organisational dependencies.
The outcomes of the BIA process are used to establish the basis for effective recovery strategies and business continuity planning. RiskLogic’s BIA process is based on a tried and tested framework with an adaptable methodology involving a combination of site inspections, facilitation of consultative interviews and workshops, use of quantitative risk tools and the review of documentation.
For each business unit, outcomes of the Business Impact Analysis process generally include the identification of:
- all mission-critical functions.
- recovery timeframes for each critical function.
- resource requirements.
- internal and external dependencies.
- disruption scenarios applicable to each critical function.
- quantify cost of disruption using risk modelling.
Business Continuity Technology
BC-3 is a multi-award winning, web-based business continuity tool that allows organisations to effectively command, control and coordinate all of their business continuity capabilities. Brought to you by Risklogic, and powered by ClearView, BC-3’s intuitive user interface and sophisticated functionality reduce the time and cost of managing resilience plans whatever the size of your organisation.