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How much revenue will be lost during this period? How much productivity will the department lose during this period? How much productivity will be lost in other departments? How many customers and/stakeholders will lose confidence? Will there be any additional cost to resolve this issue? Will there be additional liability costs? How much does it cost to implement preventive measures? Conduct business impact analysis. Once you've processes, you can compile that information into a format that reflects the wider business.
A business impact analysis analyzes an organization's main operations, the main resources it Phone Number List uses, how its operations relate to each other (i.e., when one function fails, how it affects other operations), and how long each function typically takes to complete. Is a critical part of the final business continuity plan. You can summarize your findings about costs and benefits here to further emphasize priorities. Draft a plan. Now that you have an idea of what you want to include in your plan, start by writing a first draft that can serve as a baseline.
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The draft should include the following aspects to ensure the plan is comprehensive and actionable: The plan’s purpose, objectives, budget, and timeline. Members of the business continuity team and their roles. All key stakeholders involved in business continuity planning. Business impact analysis. Proactive strategies will be adopted to prevent crises. Response strategies for immediate crisis response. Long-term recovery efforts. Proactively prepare training and testing plans.
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