The First Step in a Business Impact Analysis (BIA)

D.

Project Initiation and Management This is the first step in building the Business Continuity program is project initiation and management.

During this phase, the following activities will occur: Obtain senior management support to go forward with the project Define a project scope, the objectives to be achieved, and the planning assumptions Estimate the project resources needed to be successful, both human resources and financial resources Define a timeline and major deliverables of the project In this phase, the program will be managed like a project, and a project manager should be assigned to the BC and DR domain.

The next step in the planning process is to have the planning team perform a BIA.

The BIA will help the company decide what needs to be recovered, and how quickly.

Mission functions are typically designated with terms such as critical, essential, supporting and nonessential to help determine the appropriate prioritization.

One of the first steps of a BIA is to Identify and Prioritize Critical Organization Functions.All organizational functions and the technology that supports them need to be classified based on their recovery priority.

Recovery time frames for organization operations are driven by the consequences of not performing the function.

The consequences may be the result of organization lost during the down period; contractual commitments not met resulting in fines or lawsuits, lost goodwill with customers.

All other answers are incorrect.

Reference(s) used for this question: Hernandez CISSP, Steven (2012-12-21)

Official (ISC)2 Guide to the CISSP CBK, Third Edition ((ISC)2 Press) (Kindle Locations 21073-21075)

Auerbach Publications.

Kindle Edition.

Hernandez CISSP, Steven (2012-12-21)

Official (ISC)2 Guide to the CISSP CBK, Third Edition ((ISC)2 Press) (Kindle Locations 20697-20710)

Auerbach Publications.

Kindle Edition.

The Business Impact Analysis (BIA) is a critical process in the development of a disaster recovery plan. It is a methodical approach to identify and evaluate the potential effects of an interruption to critical business operations. The BIA process is designed to identify the critical functions of an organization and to determine the impact of a disruption to these functions.

Out of the given options, the first step that should be performed in a Business Impact Analysis (BIA) is to identify and prioritize critical organization functions. Therefore, the correct answer is D.

The identification and prioritization of critical organization functions should be the first step in the BIA process because it provides a framework for the rest of the analysis. By identifying critical functions, the organization can focus on protecting these functions and ensuring their continuity in the event of a disruption.

Once the critical functions have been identified and prioritized, the next step is to evaluate the impact of a disruption to these functions (option B). This involves assessing the potential financial, operational, and reputational consequences of a disruption to critical functions.

After evaluating the impact of disruptive events, the recovery time objectives (RTOs) can be estimated (option C). RTOs refer to the amount of time it will take for critical functions to be restored following a disruption.

Finally, after identifying critical business units within the organization (option A), the BIA process can be used to develop a recovery plan that focuses on protecting critical functions and minimizing the impact of a disruption.

In summary, identifying and prioritizing critical organization functions should be the first step in the BIA process, followed by evaluating the impact of disruptive events, estimating RTOs, and identifying critical business units within the organization.