9.2 Business Continuity Plan

Question 1

What are the stages of the Business Continuity Plan?

Answer 1

1. Identify the risks
2. Prioritise the risks
3. Write the plan
4. Execute
5. Review

Question 2

Identify what needs to be involved at stage 1 of the Business Continuity Plan

Answer 2

1. Identify the risks

What could go wrong?
How likely is it that it will go wrong?
What's the impact and consequences?
What should your reaction or solution be?
How can you prepare for it in advance?

Question 3

Identify how to implement stage 2 of the Business Continuity Plan

Answer 3

2. Prioritise the risks

Rank risks by possible impact and likelihood
More likely risk will happen and more serious impact will be = higher it should rank

Question 4

Identify the considerations to implement stage 3 of the Business Continuity Plan

Answer 4

3. Write the plan

Keep in mind resources available
Design solutions to risks you want to cover in the plan

Realistic needs
Some issues have to be dealt with before others
Some require action taken within certain timeframe

Clear and simple instructions - prevents forgetting / misunderstanding

Question 5

Identify the considerations to implement stage 4 of the Business Continuity Plan

Answer 5

Contingency plan involving other people (talk it through with them) - let them know what they’re supposed to do / when certain things happen
If plan includes actions to prepare for future accidents, execute them - lowers risks whilst goal setting

Question 6

Identify the steps needed to implement stage 5 of the Business Continuity Plan

Answer 6

Changes happen all the time

Practical contingency plan
Review it and make adjustments regularly

Update solutions accordingly overtime
Some risks become more or less likely or bring different outcomes
Identify weaknesses of plan and make sure people involved are prepared to act according to plan when needed