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Filling the Business Impact Analysis questionnaires

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Guest user Created:   Oct 28, 2018 Last commented:   Oct 28, 2018

Filling the Business Impact Analysis questionnaires

1. I’m working on completing the Business Impact Analysis questionnaires for my company and I need some more information regarding section 8, ‘Resources required for the recovery.’ Under working capital needed, how do I work out what figure to put for each time frame, e.g. immediately, 1 hour, 4 hours etc?
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ISO 22301 DOCUMENTATION TOOLKIT

Step-by-step implementation for smaller companies.

ISO 22301 DOCUMENTATION TOOLKIT

Step-by-step implementation for smaller companies.

Expert
Rhand Leal Oct 28, 2018

Answer: There is no need to figure out different values of working capital for each time frame. In this part of the questionnaire you only have to identify for how much time you will need the working capital available to resume operations. For example, for a just in time operation which needs US$ 500K of working capital, you my decide to mark that this capital is needed immediately or up to 1h after the disruptive event. For an activity that keeps a significant a stock of products, you may mark that this capital is needed up to 1 week.

2. Under ‘External services’ should the top 10 suppliers be named if the list consists of thousands?

Answer: Under ‘External services’ you have to list the most critical suppliers to ensure the cont inuity under the minimum service levels agreed. These can vary from one to several, depending on the scenario you define.

Included in the toolkit you bought, there is a video tutorial that can help you fill in the Business Impact Analysis, using real data so facilitate the understanding.

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Oct 28, 2018

Oct 28, 2018

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