BIA and Risk Assessment: Why Both Are Important

BIA and Risk Assessment: Why Both Are Important

Can you describe the differences and benefits of the BIA and Risk Assessment? Today’s short blog may help you provide answersΒ when the questions arise.

You just spent time completing a Business Impact Analysis (BIA), taking 2 to 3 hours per department. Now you are asking for another hour or more to interview the same team for a risk assessment. β€œWe just did this, why are we doing it again?” is the response from department leaders. Even BC program stakeholders ask why time and resources are being spent on the same activities. The Risk Assessment and BIA are both risk-based assessments, but have different purposes. BIAs are the β€œwhat” is impacted and Risk Assessments are the β€œhow” impacts occur.

BIAs are the β€œwhat” is impacted and Risk Assessments are the β€œhow” impacts occur.

https://www.mha-it.com/2017/03/bia-and-risk-assesment/

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Source: DRJ New feed

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