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I think you are searching for Business Impact Analysis (BIA).here I am sharing abt thisBusiness impact analysis (BIA) is a component of business continuity planning that helps to identify critical and non-critical systems. A business impact analysis also assigns consequences and usually a dollar figure to specific disaster scenarios. It will also include estimated recovery times and recovery requirements for such scenarios. The business impact analysis is often used to measure the risks of failure against the costs of upgrading a particular system.Tehpedia explains Business Impact Analysis (BIA)A business impact analysis can work on several levels. An organization-wide BIA will identify large risks and their fallout, such as losing all the data on the company servers. A branch or department BIA will highlight the particular systems that are critical to those users and what would happen if they were unable to access them. The overall business continuity plan will contain steps for addressing any problems, but a BIA can be very helpful in spotting obvious weaknesses before they become serious issues.Another full form of BIA is followingFull Form Category TermBureau of Indian Affairs Healthcare BIABurned-in Address Networking BIABHILAI Indian Railway Station BIABus Interface Adaptor Space Science BIABastia Airport Code BIABranch To Invalid Address Computer Assembly Language BIABioelectrical Impedance Analysis Physics Related BIABrothers In Arms Militaryand Defence BIABehavioral Influences Analysis Military and Defence BIAHope it helps and clear your doubt

My first exam in a foreign country!!In the year 2006, I moved to Singapore on a scholarship. I was in 11th standard and I was one among the thirty-five students selected from all over India. I also had NTSE scholarship and several olympiads under my belt. Overall, I was decent enough in academics.Here I was writing my first exam in Singapore. I was in JC1 (Junior College), where it was compulsory to take one subject from a different stream of education. So I had chosen Economics along with Physics, Chemistry and Mathematics.The Economics paper asked a simple question, something along the lines of - “Impact of growing inflation in the Middle East”. Quite easy. I had studied the chapter on Inflation thoroughly and I was well familiar with the possible implications of inflation. As the question was worth 25 marks, I did some quick calculation and concluded that a 5-page answer with approximately 5 possible effects of inflation should be enough. And that’s how I approached the question. I detailed out every possible effect of growing inflation and explained the reasoning behind it, similar to how it was done in the notes.A few days later, results were announced. Out of 950+ students in the batch, I scored the lowest - 2/25. My classmate (another Indian scholar) scored 3/25. Shocking!! I approached my Economics teacher and asked for an explanation. She showed me my answer sheet, which was almost entirely crossed-out in red. And there was a remark saying - NAQ (Not answering the question). She told me that I had regurgitated the theory perfectly. But there was no critical analysis. I had given no context about the Middle East, and I had not taken political, social and environmental factors into account. In summary, my answer lacked the application of the concepts which I had studied. She showed me the answer sheet of my classmate who scored 24/25 for a 2-page answer.This exam was a cultural eye-opener for me. I immediately realized how incomplete my academic development had been in India. And that’s because our school curriculum never encouraged critical thinking and analysis. I was brought up in an environment where learning maths/sciences meant getting the answers right and learning history/geography/literature meant getting the facts right. There was no scope of application and subjectivity.Edit - Thank you, everyone, for the support. There are several aspects in the answer above, which most of you have noticed. I would still like to list them below -My class notes mentioned nothing about the Middle East. And this is what surprised me the most during the exam. I had never experienced being tested on something which was not explicitly mentioned in the notes.I scored the lowest out of 950+ students. This also shows how even an average student in my JC knew how to apply the theory better.I was conditioned (thanks to UP board) to the fact that I was required to fill a minimum number of pages to fetch 25 marks. This probably distracted me from answering the right question in the exam.My inability to answer the right question was totally my fault. But I consider myself one of the better products of the Indian Education system. So my lack of analytical skills probably represented something about our system.My objective of this article is not to demean the Indian Education system. It is simply to point out the difference between the two systems. Our Indian system encourages objectivity and there is a valid reason for it. Our competitive examinations are taken by lacs of students, and it is almost impossible to filter candidates based on subjective parameters.I must point out that I excelled at Maths and Sciences even after going to Singapore. The Indian system (particularly the JEE prep in 11th standard) gave me an upper hand in solving even the most challenging questions

Business impact analysis (BIA) is usually part of ISO 22301 (the business continuity standard), not part of ISO 27001.In any case, the main point of BIA is to determine the RTO (Recovery Time Objective) and RPO (Recovery Point Objective) - in order to achieve that, you have to analyse the level of impact throughout the duration of a disruptive incident. This means, what will be the impact if your processes are disrupted for e.g. 2 hours, then 4 hours, then 8 hours, 24 hours, etc. Once you decide the timing for which the impact is not acceptable, this is where your RTO is.For RPO the process is similar - you have to determine after which time the impacts of losing your data will be too high - this determines your backup policy.To learn more read these articles:- Five Tips for Successful Business Impact Analysis- What is the difference between RPO and RTO?- Backup policy - How to determine backup frequency