Business Continuity Key Performance Indicators
For example the key areas of work and achievement for a business analyst are capturing requirements eliciting the key problems recommending the solution ensuring the solution built solves the issues of the client etc.
Business continuity key performance indicators. Activity and compliance metrics track the completion of key deliverables in the business continuity lifecycle. Looking for other key performance indicators kpis to measure your program s effectiveness. The level of granularity depends on your company how it conducts business and how it measures performance.
See our online assessment tool in action for key business continuity kpi examples and the critical success factors csfs that determine your program s level of success. These metrics can include the number of business impact analyses bias updated the number of business continuity plans updated or the number of exercises completed. Running a successful business requires a thorough analysis on the work sales and financial results.
Key performance indicators kpis and key risk indicators kris are two critical ingredients of sound risk management. King neptune gets power from his three pronged trident and those of us who work in business continuity can gain power from what i call the bcm trident. He is also secretary of the business continuity institute usa chapter.
Most business continuity plans carry objectives rather than stringent key performance indicators. In fact numerous key performance indicators kpis that are useful in measuring the state of your. Roles of kpi and kri in bc dr key performance indicators and key risk indicators can both be used in business continuity management and disaster recovery their value is that they establish specific metrics for analyzing how well bc and dr programs are performing their value is that they establish specific metrics for analyzing how well bc and.
By tracking the completion of activities a program manager can. And it can t be done without tracking relevant business metrics. Kpis for business analysts should be set around these key result areas.
Paul kirvan fbci cbcp cissp has more than 20 years experience in business continuity management as a consultant author and educator. These 3 kpis are soundness risk and value. Developing key indicators helps ensure that strategic objectives are being maintained in alignment with risk appetite.