This international standard is a technical specification which provides detailed guidance on how to establish, implement, and maintain a Business Impact Analysis (BIA) process. It does not suggest a uniform process for performing a Business Impact Analysis but assists the organization to design a BIA process that meets their requirements. Organizations cannot certify their BIA to ISO 22317; however, they can use it as a guidance to effectively implement a BIA process. ISO 22317 is the first and the only standard which solely addresses the Business Impact Analysis. It is designed to complement ISO 22301; nonetheless, it can be used as a stand-alone standard. The aim of Business Impact Analysis processes is to analyze the actual impact of a disruptive event on the organization.
Having the necessary knowledge to outline a detailed process on how to effectively perform the Business Impact Analysis will enable you to take your expertise further. As a certified ISO 22317 professional, you will be able to help your organization to identify Business Continuity requirements, which are important to the organization and its stakeholders. You will also be able to set a timeframe to restore the organization after a disruptive event and to determine the essentials on how to recover the business after the disaster.
The implementation of ISO 22317 will enable you to reach the following benefits:
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