WSQ Conduct Risk Analysis and Business Impact Analysis
Details
Business Impact Analysis (BIA) and Risk Assessment (RA) falls into the second phase of the BCMS implementation cycle, the most important phase amongst the rest. Incorrect or non-accurate data gathered in this phase may result in the inappropriate strategies proposed and could lead to huge costs.
This course aims to equip learners with the competency in writing the BIA and RA for their business unit. Through a mix of lecture, case studies and hands-on activities, each learner will be able to appreciate how crucial their entry will impact the entire organisation’s business recovery strategies.
The course is developed based on ISO22301 requirements; templates for BIA and RA will also be given. Ideal for organisations that are starting on the BCM program, intending to upgrade their BCM program to ISO standard and/or include as part of their BCM maintenance program for new coordinators.
Duration: 1.5 days of training, 0.5 day of assessment
OBJECTIVE
To equip learners with essential skills and knowledge to:
- identify and analyse threats that may disrupt business operations
- identify the critical business functions, resources, interdependencies, prioritisation and determining their impacts to business
- recommend solutions and/or mitigation strategies
Outline
- State the purpose of business impact analysis and its process
- Identify Critical Business Functions (CBF) within the business unit(s)
- Analyse and quantify the impact of internal & external influencing factors
- Analyse interdependencies and resources of CBFs
- Write the BIA report for business units
- State the purpose of Risk Analysis and its process
- Identify and analyse threats that may disrupt business operations
- Determining the probability and impacts of each risk/threat.
- Recommend solutions and/or mitigating strategies
Business Continuity Planning Asia Pte Ltd (BCP Asia) is the region’s leading provider of training and consultancy in Business Continuity Management (BCM), Crisis Management, Disaster Recovery and Enterprise Risk Management.
Since being founded in 2000, BCP Asia has led more than 5000 professionals and organizations in Asia to gain world class BCM trainings, internationally-recognized certifications and a state of well-preparedness and resilience to disasters or any business interruptions.
Moreover, BCP Asia is a pioneer in organizing events which are venues and platforms for increasing one’s BCM knowledge and awareness. Much celebrated are its brand of events popularly known as the Asia Business Continuity Conference, Asia Business Continuity Seminar and the BCI Asia Business Continuity Awards – which is the first ever event in the region that celebrates accomplishments in the local BCM scene. Also, in September 2012, BCP Asia became the FIRST training and consultancy firm in Asia to be certified in the new international BCM standard – the ISO22301 : 2012. Priorly, in 2009, BCP Asia was the FIRST company worldwide to attain dual certification for the British Standard BS25999 : 2007 and the Singapore Standard SS540:2008 in 2009. ...
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