Establishing a Recovery Time Objective (RTO) for Balancing Cost and Realistic Recovery Time Frame

The Best Way to Establish a Recovery Time Objective (RTO)

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The BEST way to establish a recovery time objective (RTO) that balances cost with a realistic recovery time frame is to:

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The BEST way to establish a recovery time objective (RTO) that balances cost with a realistic recovery time frame is to perform a business impact analysis (BIA).

A business impact analysis is a process that identifies critical business functions, systems, and data and assesses the potential impact of their disruption. The BIA helps to determine the RTO, which is the maximum allowable downtime for the organization. The RTO should be based on the organization's recovery needs and budget constraints.

The BIA identifies the critical systems and data that the organization needs to recover in the event of a disruption, and it helps to prioritize recovery efforts. The BIA also helps to determine the financial impact of downtime, which is essential in balancing cost with a realistic recovery time frame.

By conducting a BIA, the organization can determine the RTO that balances the cost of downtime with the need for a realistic recovery time frame. The RTO should be achievable within the budget constraints of the organization.

While analyzing cost metrics and determining daily downtime cost can provide some insight into the financial impact of downtime, they do not provide a comprehensive understanding of the organization's recovery needs. Similarly, conducting a risk assessment can help to identify potential risks and vulnerabilities, but it does not provide a detailed understanding of the organization's recovery needs and budget constraints.

Therefore, the best way to establish an RTO that balances cost with a realistic recovery time frame is to perform a business impact analysis.