Absolute Business Continuity - Keeping business together

Terminology

Terminology

Business Continuity Management, Planning, Disaster Recovery and Crisis Management are very confusing terms for those who are not used to it. To make it a little easier to understand we have provided a guide to the terminology used. We hope it helps.

  • Business Continuity Management (BCM) - The overall management and governance of Business Continuity including policies, frameworks and controls.
  • Business Continuity Planning (BCP) - The identification of key products and services, critical business processes and the planning that ensures that the processes continue whatever happens to the organisation.
  • Business Impact Analysis (BIA) - The identification of Key Business Products and Services enables benchmarking between them to decide the recovery priorities.
  • Disaster Recovery - (DR) The implentation of a pre-prepared plan after the catastophic loss of a key business building, technical environment,system or service.
  • Incident Management Plan (IMP) - A plan invoked by a business after experiencing a major incident. (Avoiding the use of Crisis Management).
  • Maximum Tolerable Period of Disruption (MTPD) - The time which is deemed to be the maximum time of the loss of a product or service that will cause irreparable damage to the organisation.
  • Recovery Time Objective (RTO) - The time in which the business expects the KBF to be operational again after an incident
  • Work Area Recovery planning - Plans that are developed to provide alternative working areas to support the delivery of key product and services.