Business Continuity Management Flashcards
What does the BCM Contains? ( Business Continuity Management)
Business Recovery, Crisis Management, Incident Management, Emergency Management and Contingency Management
What team does the steering Committee included, and their function.
Include the crisis management team and is committed to ensuring the continuity of cirtical business functions, and securing critical assets of the organizations
Is the BCM a specialist and who drives it.
Yes, BCM is a specialist and is business owned and driven, unifying a broad spectrum business. It is crucial to establish a good connections between organizational resource management and the result
What does the feature of BCM include
critical business operations and application. in Prevention of disasters as well as reductions of risk in case a disaster strikes
What are the Core elements of BCM.
- Crisis Management
- Business Recovery Plan
- IT Disaster Recovery Plan
Who Owns BCM
The framework is owned by Joint Management Board( Crisis Management Team & Critical Business Recovery Team
What are the functions of the BCM owner?
Industry best practice. Monitor standards and compliance. Execution and management of business continuity
What the Scope of BCM?
Prepare organization to be able to respond to and recover from a disruption. Responsible for specific disaster recovery arrangements
How man framework does BCM have?
4 and there are 1.Understanding the business and identifying the key. 2. Devising a BCM Strategy. 3. Developing and Implementing the BCM Response 4. Testing and training and Maintaining
What process are in Understanding the business and identifying the Key process.
Business Impact Analysis (BIA) BIA is the process of analyzing business functions and effect that a business disruption might have on them. BIA also examines the processes and activities. Risk Assessment is the process of identifying and assessing risks internal and external threats
What does Devising a BCM strategy involve.
Identifying the actions to continuity of key business activities and resume operations with minimum resource
What does Developing and Implementing do?
Implement strategies through the process of business continuity. Development and implementation of appropriate response plans of critical activities identified in first stage of BCM
What’s final stage of BMC framework and function?
Testing, Training and Maintaining.
What does testing do?
Testing refers to the activity performed to evaluate the effectiveness. Practice for the team. identifies suppliers, partners and holes in the recovery process. Document plan for auditors
Why is training good for BCM?
Build knowledge enhance competence and understanding of BCM
Maintaining
ensure BCP remains updated and ready
Secure the executive sponsorship for BCM does what?
educates the decision makers in and organization. Helps view IT as part of the solutions, and helps adopt an enterprise-wide view of an organizations.
Why conduct a Comprehensive assessment of current business resilience posture?
Evaluate all aspects of an organization BCM to identify industry standards and best practices. Assessment should start at the business strategy layer
Should BCM be integrate with Enterprise Risk Management and why?
yes, because it supports strategic objective as well the expectations of customer business, partner and shareholders. That evaluate risk better
What does a holistic BIA do?
Include traditional view of business continuity and function view. A good foundation for prioritizing business functions to avoid overlooking critical interdependencies and gaps
What does a Identify critical process for business strategy
Prioritizing business process for greater strategic impact is important aspect of creating and managing a BCM. Shows clear view of risks face by organization to assign resource.
Implementing an Organizations wide BCM does what.
Implementing single BCM approach for all the departments of an organization help with communicating the BCM priorities unambiguously. Set all templates guideline
Why establish a centralized governance structure across the Organization.
operational design or strategy
PDCA model
- Plan 2. Do 3. Check 4. Act