What is the primary focus of Business Impact Analysis in Business Continuity Management?

The primary focus of Business Impact Analysis (BIA) in Business Continuity Management is to analyze the potential impact of disruptions. BIA aims to evaluate how various types of interruptions can affect an organization's critical functions, resources, and overall operations. By understanding these impacts, organizations can prioritize which functions are most essential to their survival and determine the necessary steps to maintain or quickly restore these functions in the event of a disruption.

Conducting a thorough BIA helps organizations identify the consequences of potential disruptions, including financial losses, reputational damage, legal implications, and operational challenges. This analysis forms the foundation for developing effective continuity strategies and ensures that organizations can allocate resources more effectively to protect against the impacts of unforeseen events.

The other options, while related to Business Continuity Management, do not encapsulate the primary focus of BIA. Identifying stakeholders, assessing organizational threats, and developing risk mitigation strategies are important aspects of the broader business continuity planning process but do not specifically represent the core aim of BIA itself.