Note: In this part of the lab, you will review internet resources on BIA and BCP in order to form a basis for their purpose and usage. Understanding the reason behind a business continuity management policy is key to understanding the component policies and procedures. Please take the time to review the research thoroughly and think through the concepts of the policy itself.
- In your browser, navigate to http://www.ready.gov/business/implementation/continuity and read the “Business Continuity Plan” article.
- In your browser, navigate to http://www.ready.gov/business-impact-analysis and read the “Business Impact Analysis” article.
- Write a brief summary of the information you found in the articles and websites. In your summary, describe what a BCP is and list the steps for developing a BCP. Also, describe what a BIA is, how you conduct a BIA, and how the BIA is related to the BCP.
Part 2: Create a BCP Policy (0/9 completed)
Note: Conducting a BIA entails describing any mission-critical business functions and processes. The next step is to identify all threats and vulnerabilities. Once you have both of these deliverables, you can compare the findings with the organization’s existing policies. What stands out are the areas in your policies needing improvement.
BIAs are a reoccurring analysis, sometimes done once a year. BIAs are revisited because as a business and/or the market changes, the assets and processes deemed critical change. Moreover, recovery times might grow or tighten.
