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Business Impact Analysis Worksheet

Department / Function / Process Operational & Financial Impacts

Timing / Duration

Operation Impacts

Financial Impact

Considerations (customize for your business)

Timing: Identify point in time when interruption would have greater impact (e.g., season, end of month/quarter, etc.)

Operational Impacts

Financial Impact

Duration: Identify the duration of the interruption or point in time when the operational and or financial impact(s) will occur.

• < 1 hour

· >1 hr. < 8 hours

· > 8 hrs. <24 hours

· > 24 hrs. < 72 hrs.

· > 72 hrs.

· > 1 week

· > 1 month

· Lost sales and income

· Negative cash flow resulting from delayed sales or income

· Increased expenses (e.g., overtime labor, outsourcing, expediting costs, etc.)

· Regulatory fines

· Contractual penalties or loss of contractual bonuses

· Customer dissatisfaction or defection

· Delay executing business plan or strategic initiative

Quantify operational impacts in financial terms.

Using the risk assessment you created in Phase 1 and acting as the representative of the information technology department, complete the business impact analysis worksheet. For each risk you identified, you will complete a row on the worksheet that outlines the operational and financial impact.

Once you have completed the worksheet, you will provide a narrative of 600–800 words that discusses your thought process on completing the worksheet. Make sure that you cite your sources of information according to the undergraduate writing guide available in the library.