This second 1/2 day (or 3-hour) online session or Module 1 Session 2 for Blended Learning "Business Impact Analysis" will be conducted following the completion of the "Risk Analysis and Review" module.
Again, it may be useful if you have not read the first two articles regarding how this project started, you may want to read "[1A] Starting the Project" and "[1B] Developing BCM Structure and Framework." Click the right icons to view content |
This article is the fourth part of the "HRD Corp Claimable BCM Training with Project Implementation" series. It supports an organisation in its BCM Project Implementation by incorporating training and is supported by value-added consulting services to develop, implement and finalize its BCM program for an organisation.
Business Impact Analysis or BIA is the process of analysing the effects of interruptions on business functions, and the organisation as a whole. And based on the severity of these effects, the Organisation BCM Coordinator would be able to infer the relative recovery priorities of these business functions.
The process of conducting the "Business Impact Analysis" or "BIA" in the HRD Corp Funded Training-led encompassing BCM Project implementation of program update is as follows:
Participants (or BU BCM Coordinators) are encouraged to:
A workshop is conducted to guide business unit BCM coordinators to collect data on:
Since this is an online workshop, participants will be put through an E-Learning program "Business Impact Analysis" a week before a ZOOM online session with the instructor himself, giving them the necessary information and context to understand some of the key concepts involved in Business Impact Analysis prior to the actual workshop session itself.
It is important to note that because the workshop is a 1-time group event, it is important that participants lock this event in their calendars.
No repeat workshop will be conducted for absent participants and there is a possibility that HRD Corp will not approve the course claim if the participant is absent for more than 75% of the module.
Value-Adding Service: eLearning availability is subjected to BCM Institute's agreement with the in-house organization: |
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The e-learning module will be "Business Impact Analysis". This will be the second session of the six sessions for the HRD claimable 3-day online course. Click the icon to find out more about the content of the eLearning module. |
Participants are encouraged to:
After the online workshop, participants will have a designated period to complete and submit the templates to their appointed BCM project manager or Organisation BCM Coordinator, who will consolidate the templates and send the first draft of the report to the facilitator.
A complimentary 1-hour consultation session will be arranged for Organisation BCM Coordinator to go through the compiled templates/ report with the consultant.
Henceforth, during the next two phases, the business continuity strategy (BCS) and plan development (PD) phases that are developed will be based on these endorsed findings.
We will enter into the Business Continuity Strategy phase of the project only after management's endorsement of the RAR and BIA findings.
If you are attending a public HRD Corp Funded course, this course is similar to the previous session for the BCM-310 (Course code) and it is titled "Assessing Risk and Business Impact Requirements"
Click icon for detailed elaboration of how each phase is conducted | |||||
BCM Planning Methodology | |||||
Phase 2 | Phase 3 | Phase 4 | Phase 5 | Phase 6 | |
Risk Analysis and Review | Business Impact Analysis | Business Continuty Strategy | BC Plan Development | Testing and Exercising | |
RAR | BIA | BCS | PD | TE | |
Assessing Risk and Business Impact Requirements | Developing Business Continuity Strategies and Plans | Testing and Exercising Business Continuity Plans | |||
BCM-310 | BCM-320 | BCM-330 | |||