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What Is a Business Impact Analysis (BIA)?

Instructions:

Choose an answer and hit 'next'. You will receive your score and answers at the end.

question 1 of 3

The purpose of business impact analysis is to:

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1. If the executive leadership of a company does not commit necessary resources to the business impact analysis (BIA), it is best to:

2. Specific tools used to conduct a business impact analysis include:

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About This Quiz & Worksheet

This quiz and worksheet set will help you quickly assess your knowledge of the uses and purposes of a business impact analysis (BIA). Topics you'll need to know include the purpose of a BIA, the methods involved in conducting a BIA and the elements of a BIA.

Quiz & Worksheet Goals

The practice problems in this set of assessments cover the following objectives:

  • Recall the purpose of a business impact analysis
  • Understand what to do when the leadership doesn't commit enough resources for the BIA
  • Describe the tools used to conduct a BIA
  • Identify the element of a BIA that involves understanding the business to recognize the risks it faces
  • Understand what it means to quantify the significance of an event in a BIA

Skills Practiced

This quiz and worksheet is useful for practicing the following skills:

  • Reading comprehension - ensure that you draw the most important information from the related business management lesson
  • Interpreting information - verify that you can read information regarding a BIA conducted with insufficient resources and interpret the likely outcome
  • Information recall - access the knowledge you've gained regarding the process of conducting a business impact analysis
  • Knowledge application - use your knowledge to answer questions about how leadership must approach the BIA

Additional Learning

You can find out more about the characteristics of business impact analysis in the related lesson, What Is a Business Impact Analysis (BIA)?. Objectives of this lesson include:

  • Look at how executive leadership supports a business impact analysis
  • Review the framework of risk analysis
  • View the tools used to conduct a BIA
  • Examine the process of analyzing strengths and weaknesses of the business
Final Exam
Executing a Business Impact Analysis
This course currently has no final exam ready
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