Risk Assessment & Business Impact Analysis


Business Impact Analysis (BIA) helps organizations identify which business units and/or divisions, operations and processes are essential to the survival of the business. BIA facilitates the identification of how quickly essential business units and/or processes have to return to full operation following a disruption.

In turn, the purpose of the Risk Assessment (RA) is to understand the potential consequences of a disaster, or the likelihood of a specific interruption occurring.

BIA calculates functions, resources, and recovery timeframes that are critical to business continuity, and combined with RA, creates a basis for establishing a comprehensive action plan intended to prevent, mitigate, manage and respond to events. The development of an action plan has a crucial impact on the stability of the organization.

WHY

HOW

OUTCOME

 995 32 230-73-16 
 info@geccorporation.com
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