Discover who is best positioned to conduct a Business Impact Analysis according to ISACA’s CISM certification. Process owners have the knowledge to assess business impacts.
Table of Contents
Question
Of the following, who is BEST positioned to perform a business impact analysis (BIA)?
A. The information security team
B. Process owners
C. The IT team
D. Business continuity management auditors
Answer
B. Process owners are best positioned to perform a business impact analysis (BIA).
Explanation
A business impact analysis assesses the potential impacts of disruptive events on critical business processes and determines recovery time objectives and recovery point objectives. To conduct a thorough BIA, it requires detailed knowledge of the business processes, their interdependencies, the resources they depend on, and the potential business consequences if those processes are disrupted.
Process owners have the most in-depth understanding of their business processes. They know exactly how the processes work, what inputs and outputs are involved, which other processes and systems they interface with, and what would happen to the business if the processes could not function. Process owners can best estimate the operational, financial, legal, reputational and other impacts the business would suffer during downtime of varying durations.
The information security and IT teams play important supporting roles by identifying the IT systems and data that enable the processes. However, they lack the business knowledge to fully assess business impacts. Auditors are not directly involved in performing the BIA itself. Therefore, the process owners are in the best position to conduct the business impact analysis based on their comprehensive knowledge of the processes and business context.
ISACA CISM certification exam assessment practice question and answer (Q&A) dump including multiple choice questions (MCQ) and objective type questions, with detail explanation and reference available free, helpful to pass the ISACA CISM exam and earn ISACA CISM certification.