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Why Start With BIA?
Also known as a business impact analysis, a business impact assessment helps your organization:
- Secure defensible data: Translate downtime, data loss, and process disruption into defensible impact data your leadership team can use to evaluate resilience investments.
- Define priorities: When your organization is developing disaster recovery plans or evaluating continuity investments, BIA helps identify which revenue-generating and mission-critical functions need attention first.
- Reduce the impact of overlooked risk: Business impact assessments can reveal how critical processes depend on technology, people, third parties, AI, and supporting systems that may not be visible in traditional risk planning.
Our Business Impact Analysis Services
CBIZ Technology provides on-demand IT expertise, offering short-term support, long-term augmentation, and project-based staffing to simplify technology resourcing.
Identification
Our team helps you pinpoint the business applications, processes, and operational dependencies that would create the greatest impact if disrupted.
Quantification
CBIZ Technology helps you establish Recovery Time Objectives (RTO), Recovery Point Objectives (RPO), and Maximum Tolerable Periods of Disruption (MTPD) to define how much downtime and data loss your organization can tolerate.
Prioritization
By quantifying the financial and operational consequences of disruption, we help your organization establish the recovery objectives that drive your continuity and resilience investments.
Frequently Asked Questions
A risk assessment identifies potential threats to your organization, while BIA helps you prioritize recovery efforts by quantifying the impact of disruptions on your organization. Your organization may benefit from both to identify what could go wrong and determine where to act first.
RTO is the target time for restoring a system, application, or process after a disruption. RPO defines the point to which data must be restored, usually expressed as time. MTPD is the longest amount of time a process, application or function can be disrupted before the impact becomes a potentially existential risk to the organization.
A business continuity requirements analysis typically follows a BIA, also called a business continuity impact analysis, and identifies the resources, strategies, and capabilities needed to meet RPO, MTPD, and RTO targets.
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