Definition Of Business Continuity Plan

Business continuity refers to the ability of businesses to carry out their normal activities and function after unplanned events have occurred.

Definition of business continuity plan. Such emergencies or disasters might include a fire or any other case where business is not able to occur under normal conditions. A business continuity plan bcp is a plan to help ensure that business processes can continue during a time of emergency or disaster. Means the schedule containing plans and provisions for business continuity and disaster recovery. Ii recover the business process in a defined time frame and or iii address dual sourcing requirements for specific products as agreed by the parties such.

It outlines the necessary steps and ongoing management processes that need to be applied to identify and protect business processes required to maintain an acceptable level of. A business continuity plan is a document that outlines how a business will continue operating during an unplanned disruption in service. Differences between business continuity and contingency plan definition. Business continuity plan means a plan clearly defining and documenting a set of measures designed to i allow a quick response to a disruptive event so that the business process is restored to a minimum required operational level.

A business continuity plan test can be as simple as talking through the plan and as complex as a full run through of what will happen in the event of a business disruption. Usually created with the input of key staff as well as stakeholders a bcp is a set of contingencies to. Business continuity planning bcp is the process a company undergoes to create a prevention and recovery system from potential threats such as natural disasters or cyber attacks. On the other hand a contingency plan refers to an actionable and defined plan that will be enacted if an identified business.

Bcp s are written ahead of time and can also include precautions to be put in place. A business continuity plan bcp is a plan that describes how a company will continue to function in the event of some kind of emergency disaster or incident. It s more comprehensive than a disaster recovery plan and contains contingencies for business processes assets human resources and business partners every aspect of the business that might be affected.