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The BIA is foundation of the whole process of Business Continuity Management (BCM) that is defined in the British Standard BS 25999 with updating into two new international standards: ISO 22301 (requirements) and ISO 22313 (guidance). By accepting and implementing these standards, the customers and clients can be assured that their business activities will be secured and prepared for treating impacts on the business continuity in the case of disruption. It consists of specific techniques and methods, that help with risk assessment (RA) in the situations, when an impact (structural, financial, economical etc.) could cause a disruption of the organization’s activities, stakeholders goodwill or supply of key products and services of the organization (critical activities). Part of the BIA is to establish minimum levels of resources needed to restore critical operations at fixed times and at certain levels. Expression “business” has in this context also reason “activity” not only reason connected with real business activities.

BUSINESS IMPACT ANALYSIS IN THE PROCESS OF BUSINESS CONTINUITY MANAGEMENT