Assessing the potential consequences of a disruption within a functions area is known as:

Business impact analysis (BIA) involves assessing the potential consequences of a disruption in a functional area. This process identifies critical business functions, evaluates the impact of their interruption, and prioritizes recovery efforts. A BIA is essential for business continuity planning, ensuring resources are allocated effectively to mitigate disruptions.

ASIS Certified Protection Professional (CPP®) References:

Business Continuity and Disaster Recovery: The CPP manual emphasizes BIA as a foundational component of business continuity planning.

Risk Management Frameworks: Chapter 7 discusses how BIA informs the prioritization of recovery strategies.