¶ … Disaster Planning
Business Continuity & Disaster Recovery Planning models
Business continuity and disaster planning
The goal of business continuity planning is to ensure that during an unexpected event, the business is able to run as smoothly as possible. These unexpected events may run the gamut from "the failure of a supplier of goods or services or delayed deliveries" due to extreme weather to a security breach of the computer systems to a national attack or major disaster (BIA, 2012, FEMA) "A business impact analysis (BIA) predicts the consequences of disruption of a business function and process and gathers information needed to develop recovery strategies" (BIA, 2012, FEMA). To conduct a BIA, the organization should first determine the potential timing of a disaster, or to "identify [the] point in time when interruption would have greater impact" followed by the "duration of the interruption or point in time when the operational and/or financial impact(s) will occur" (BIA worksheet, 2012, FEMA).
Then, the organization must determine the operational impact of the event which may include lost or delayed sales and income; increased costs to deal with the problem; fines and legal fees;...
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