business impact analysis (BIA)

business impact analysis (BIA)

Definition: (ITIL Service Strategy) Business impact
analysis is the activity in business continuity
management that identifies vital business
functions and their dependencies. These
dependencies may include suppliers, people,
other business processes, IT services etc.
Business impact analysis defines the
recovery requirements for IT services. These
requirements include recovery time
objectives, recovery point objectives and
minimum service level targets for each IT
service.