Business Continuity Planning Flashcards
Involves assessing the risks to organizational processes and creating policies, plans, and procedures to minimize the impact those risks might have on the organization if they were to occur.
Business Continuity Planning (BCP)
BCP focuses on
maintaining business operations with reduced or restricted infrastructure capabilities or resources.
The BCP process has four main steps:
- Project scope and planning
- Business impact assessment
- Continuity planning
- Approval and implementation
Once the BCP team completes the four stages of preparing to create a business continuity plan, it’s time to drive into the hear of the work —-
Business Impact Assessment (BIA).
What is BIA?
identifies the resources that are critical to an organization’s ongoing viability and the threats posed to those resources.
It also assesses the likelihood that each that will actually occur and the impact those occurrences will have on the business.
What is the final step of BIA?
Prioritize the allocation of business continuity resources to various risks that you identified and assed in proceeding tasks.