This Precedent business impact analysis can help you identify your key business functions or services and predict the potential consequences of those functions being disrupted. This could include functions such as client service, case management, data processing, HR, accounting functions, etc, which would, if they are interrupted or damaged, have a detrimental effect on your ability to operate. As part of the analysis, it is important to assess the amount of time for recovery before the business will suffer consequences. This will help you to determine which processes may be more critical to the business and help identify the maximum length of time that the organisation can manage a disruption to each of the key functions without threatening its viability. You can then set the point in time at which the key functions would need to be resumed in the event of a risk event occurring. Once you understand the potential impact and priority, you can more effectively document the critical activities required to deliver the key functions and put in place strategies and operational measures to respond to the event and limit the disruption.