Business Impact Analysis
CRSI’s Impact Analysis uses a structured methodology to identify and assess the potential effects of disruption to vital operations such as power generation, transmission, distribution, or the loss of other key business functions as a result of a disaster, accident, or other emergency events. In conducting the analysis, we carefully consider both the operational and financial impacts resulting from the loss or disruption of business functions and processes.
Impacts to consider include:
- Lost revenue
- Impact on the customer base from loss of electricity
- Contractual penalties or loss from litigation
- Increased expenses such as overtime costs, expedited procurement for replacement parts, rental of facilities, etc.
- Fines and penalties
- Reputation degradation
- Loss of stockholder confidence
CRSI utilizes an internally developed assessment tool while conducting the assessment. Our methodology incorporates extensive interviews with your utility’s Subject Matter Experts to learn how various scenarios would impact your ability to function.
We also determine which key business functions may be able to operate at a reduced capacity while still meeting the utility’s commitments in whole or in part.Read More
CRSI prepares a comprehensive business Impact Analysis report detailing its findings and recommendations for the creation of a Business Continuity plan. The direct value and strategies offered by CRSI are unmatched. CRSI has the required industry experience, credentials, training, education, and technical skills to ensure that projects are delivered on-time, within budget, and in-line with project performance-based specifications.
CRSI strategically partnered with more than 250 electric utilities in the last five (5) years for their NERC CIP Compliance Solutions. To find out more about how to create your Security Compliance Roadmap, call us today to schedule a free, no obligation consultation.