Quantitative Risk Assessment

The enlightened businessman prepares plans to deal with emergencies. He knows that being ready to deal with disasters–both natural and human-made–can make the critical difference to the bottom line should disaster strike. Detailed emergency planning is particularly important for those businesses that: Are just-in-time suppliers, in particular those that are liable to incur large penalty… Continue reading Quantitative Risk Assessment

Risk Analysis Techniques

The risk analysis process provides the foundation for the entire recovery planning effort There may be some terminology and definition differences related to risk analysis, risk assessment and business impact analysis. Although several definitions are possible and can overlap, for purposes of this article, please consider the following definitions: A risk analysis involves identifying the… Continue reading Risk Analysis Techniques

Quantifying a Business Impact Analysis

All too often, presentations on how to perform a ‘business impact analysis’ fall short on the ‘analysis’ component of the project. There have been scores of wonderful presentations on ‘risk analysis’ questionnaires, describing which areas should be surveyed, with in depth discussions on what to look for, but all lacking substance on how to proceed… Continue reading Quantifying a Business Impact Analysis

How to Conduct a Business Impact Analysis

You have just been selected as a member of a team chartered with conducting an enterprise-wide Business Impact Analysis (or BIA, as it is more commonly called), as the first step in developing a new business contingency plan. What does this assignment mean to your already ‘robust’ job responsibilities? Where and how do you start?… Continue reading How to Conduct a Business Impact Analysis

Some Techniques for Business Impact Analysis

This article describes methodology and techniques for performing a comprehensive business impact analysis (BIA). This version of a BIA provides the foundation for the entire business continuity planning effort. Based on the various considerations addressed during the BIA, the process itself and related methodology can be equally as beneficial as the final written business continuity… Continue reading Some Techniques for Business Impact Analysis

Automated Disaster Recovery Plan Auditing

Prospects for Utilizing Expert Systems to Evaluate Disaster Recovery Plans The application of the techniques of artificial intelligence to the task of disaster recovery plan auditing is discussed. A prototype expert system for DRP auditing[1] is described and evaluated. We conclude that automated DRP auditing is feasible. If you have ever been involved in an… Continue reading Automated Disaster Recovery Plan Auditing

Systematic Disaster Planning Part 1: Charting the Course of Disaster

Effective disaster planning is systematic. Good plans are purposeful, methodical and, above all, built on a firm foundation. The best framework for plan foundation-building is a careful and complete risk analysis. Risk analysis attempts to identify the conditions that can lead to disastrous outcomes, and their relative likelihoods. By reasoning through the possibilities, the disaster… Continue reading Systematic Disaster Planning Part 1: Charting the Course of Disaster