Free Business Impact Analysis Kit
Conducting a business impact analysis (BIA) is an essential part of any business continuity or resilience plan, because it details requirements for resuming operations following an adverse event. How comprehensive is your BIA? Are you prepared for the next disruption?
Prevalent is providing several free resources designed to help organizations establish more consistent policies for business and supply chain resilience – so you’ll better prepared for the next disruption when we emerge from the coronavirus crisis.
Customizable Kit for Conducting a Comprehensive Business Impact Analysis
Our Business Impact Analysis Kit includes:
- A customizable procedure template with guidance for outlining responsibilities, processes, and definitions for recovery point objective (RPOs) and recovery time objectives (RTOs)
- A BIA worksheet for centralizing your system inventory, risk assessments, RACI charts, third parties and other requirements necessary to analyzing business impact
The BIA spreadsheet is an especially helpful tool in that it can help you organize and enumerate the critical services required to run your business. Use it to detail the processes critical systems provide, the likelihood and impact on the business of a service failure, RPOs and RTOs, resources, owners and priorities – including for third parties.
Weekly Distribution of Pandemic Resources
Our pandemic planning resources are distributed weekly and can be freely modified to reflect your unique needs. The templates incorporate best-practice baselines across industries, and therefore can be integrated with any other risk assessment content you may be using.
Here’s what’s been published already, and what’s coming:
- March 24: Pandemic Resilience Questionnaire
- March 30: Building a Business Resilience and Continuity Plan
- April 3: Pandemic Communications Template Kit
- April 21: Remote Working Policy & Employee Training Kit
- May 1: Third-Party Profiling and Tiering Template
- Today: Business Impact Analysis Kit
- May 15: Escalation tree examples for effective internal communication paths
- May 22: Broader business resilience policies encompassing key governance objectives
Prevalent Is Here to Help
The coronavirus crisis is likely presenting you with unprecedented challenges – both personal and professional. We hope these templates makes your job a little bit easier in the face of this crisis. Once the dust settles, keep in mind that Prevalent also offers a free, one-hour third-party risk management program maturity consulting session. In the meantime, everyone at Prevalent wishes good health to you, your team, and your families.
Editor’s Note: This post was originally published on Prevalent.net. In October 2024, Mitratech acquired the AI-enabled third-party risk management, Prevalent. The content has since been updated to include information aligned with our product offerings, regulatory changes, and compliance.