Business Impact Analysis (BIA)
The objective of BIA is to make a compilation and analysis of the information in the different areas of the company in order to determine the business impact in case of a function/process loss, and using this as a basis to determine the criticalness, the financing and operational impact. Also the RTO’s (Recovery Time Objectives) and RPO’s (Recovery Point Objectives), recovery priority and critical periods are to be determined in order to build the appropriate recovery strategies to satisfy the business needs.