Contingency Now's business impact "assessment" is a comprehensive assessment
of an organization’s operations and internal/external business environments.
Contingency Now’s business impact assessment is a multi-faceted assessment that examines and
measures financial loss expectations, gap analysis, risk mitigation,
and the development of an initial enterprise-wide recovery program.
One of the foundational objectives for an organization to engage in
a business impact assessment is to discover
the financial consequences of an unforeseen business interruption event.
By working through the ProVentNow process the end result
will produce:
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• Assessment of your enterprises vulnerabilities, the magnitude of each exposure, level of risk,
and the financial planning steps necessary to mitigate the identified risk.
• Alignment of organizational services and/or products
with applications and systems.
• Discovery of how revenue streams or legal dependencies are
impacted due to functional losses
• Identification of process gaps and redundancies and create
efficiencies which will garner increased Return on
Investment (ROI) while decreasing Total Cost of Ownership (TCO) |
Upon completion of the business impact assessment, your
management team will acquire knowledge of documented and practiced business recovery capabilities
that will foster an effective and efficient operational recovery.
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