How is Business Impact Analysis and Risk Assessment related in a Business Continuity plan?

ISO Saudi considers that there are many orders and ways to design and execute Business Impact Analysis and risk assessment processes, depending on each one’s objectives. Business Continuity consultants must first know the functional areas of both along with their potential impacts on organizations resources to identify the business threats and to find solutions to secure the resources from them.ISO Saudi believes that a comprehensive approach must be adopted in performing a Business Impact Analysis and risk assessment that will enable an organization to prioritize the business threats, to protect against and recover from, based on business objectives, strategy, and priorities. Thus, it is recommended to perform the risk assessment after the BIA to gain the maximum advantage of both. 

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