CISM · Question #456
Which of the following BEST enables an organization to determine the costs of downtime for a critical application?
The correct answer is A. Business impact analysis (BIA). A Business Impact Analysis (BIA) is specifically designed to quantify the financial, operational, and reputational consequences of an application outage over time. It produces concrete figures such as lost revenue per hour, regulatory penalties, and SLA breach costs. ROI…
Question
Which of the following BEST enables an organization to determine the costs of downtime for a critical application?
Options
- ABusiness impact analysis (BIA)
- BReturn on investment (ROI) analysis
- CFault tree analysis
- DCost-benefit analysis
How the community answered
(36 responses)- A92% (33)
- B6% (2)
- C3% (1)
Explanation
A Business Impact Analysis (BIA) is specifically designed to quantify the financial, operational, and reputational consequences of an application outage over time. It produces concrete figures such as lost revenue per hour, regulatory penalties, and SLA breach costs. ROI analysis (B) evaluates investment returns, fault tree analysis (C) identifies failure paths and causes, and cost-benefit analysis (D) compares options - none of these directly measure what downtime itself costs the organization the way a BIA does.
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