What does Business Continuity Planning address? - Precise Answer
✔✔The preservation and recovery of the business in the event of
outages to normal business operations.
What is a disaster? - Precise Answer ✔✔1) Something that interrupts
normal business process.
-A sudden, unplanned calamitous event that brings about great damage
or loss.
-In the business environment, it is any event that creates an inability on
an organization's part to support critical business functions for some
predetermined period of time.
Defining a BCP - Precise Answer ✔✔An approved set of advanced
arrangements
and procedures that enable an organization to:
,-Ensure the safety of people.
-Minimize the amount of loss.
-Facilitate the recovery of business operations to reduce the overall
impact of an event, while at the same time resuming the critical business
functions within a predetermined period of time.
-Repair or replace the damaged facilities as soon as possible.
-Traditionally, recovery plans focused on the recovery of critical
computer systems running at data centers.
-Today, recovery plans must also focus on the critical computer systems
operating in a distributed environment involving personal computers,
LANs, telecommunications, etc.
-Essentially, continuity plans address every critical function of an
enterprise.
Requirements of Business Continuity Planning - Precise Answer ✔✔-
Provide an immediate, accurate, and measured response to emergency
situations, with the overall goal of ensuring the safety of individuals.
-Mitigate the damage you are experiencing as a result of the disaster.
-Ensure the survivability of the business.
-Provide procedures and a listing of resources to assist in the recovery
process.
-Identify vendors that may be needed in the recovery process and put
agreements in place with selected vendors.
-Avoid confusion experienced during a crisis by documenting, testing,
and training plan procedures.
-Clear guidance for declaring a disaster.
, -Provide the necessary direction to ensure the timely resumption of
critical services.
-Document storage, safeguarding, and retrieval procedures for critical
systems and supporting functions.
-Describe the actions, resources, and materials required to restore critical
operations at an alternate site in the event that the primary site(s) has
suffered a serious outage.
-Document recovery procedures so they can be executed by
knowledgeable people.
Define BCP Scope - Precise Answer ✔✔Should cover all aspects of an
organization, including:
-Personnel
-Facilities
-Infrastructure
-Support systems
-Information systems
Define Business Continuity Management - Precise Answer ✔✔-A
strategic and operational framework to review the way an organization
provides its products and services while increasing its resilience to
disruption, interruption or loss.
-Provides a framework for building resilience and the capability for an
effective response which safeguards the interests of a company's key
stakeholders, reputation, brand and value creating activities.
The benefits of buying summaries with Stuvia:
Guaranteed quality through customer reviews
Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.
Quick and easy check-out
You can quickly pay through credit card or Stuvia-credit for the summaries. There is no membership needed.
Focus on what matters
Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!
Frequently asked questions
What do I get when I buy this document?
You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.
Satisfaction guarantee: how does it work?
Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.
Who am I buying these notes from?
Stuvia is a marketplace, so you are not buying this document from us, but from seller YANCHY. Stuvia facilitates payment to the seller.
Will I be stuck with a subscription?
No, you only buy these notes for $16.49. You're not tied to anything after your purchase.