Discussion CIS 333

profilefveldsdgiid_98
Home>Homework Answsers>Information Systems homework help

"Business Impact Analysis (BIA) and Risk Management"  Please respond to the following:

  • According to the text, a BIA determines the extent of the impact that a particular incident would have on business operation over time. Determine the major ways in which people, systems, data, and property will impact a BIA. Provide specific examples to support your response.
  • Compare and contrast qualitative risk analysis and quantitative risk analysis, and provide at least two (2) examples identifying a situation when each would be useful.

 Need a reply for the below:

A business impact analysis is considered as the heart of the disaster recovery planning process. During the business impact analysis, the exact effect of the disaster on the business is determined. They are several ways in which people, systems, data, and property will impact a BIA. They may cause the operation to be interrupted by the failure of a supplier of goods, or service, or delayed deliveries. Power outage for few minutes could also have a serious impact on the BIA.

Quantitative and qualitative risk analyses are both the ways in which you can approach risk analysis. Qualitative risk analysis describe a risk scenario while and out what impact the event would have on business operation, while quantitative risk analysis attempts to describe to describe risk in financial terms and put a dollar value on all the elements of a risk.Reply Quote
    • 9 years ago
    • 10
    Report issue
    Answer(2)
    profile
    computerscience
    4.6 (1k+)
    4.7 (722)
    Chat

    Purchase the answer to view it

    blurred-text
    NOT RATED
    • attachment
      discussion_business_impact_analysis_bia_and_risk_management.docx
    profile
    phyllis young
    4.3 (11k+)
    4.5 (622)
    Chat

    Purchase the answer to view it

    blurred-text
    NOT RATED
    • attachment
      order_33020_discussion_cis_333.doc