Business Continuity Plan
The objective of a BCP process is to manage and mitigate the risk of disaster to ensure the continuity of business operations. It is important that the BCP is reviewed and approved by senior management. This will ensure that the BCP is aligned with the business goals.
Steps of the BCP Life Cycle
The first step in preparing a BCP is to identify the processes of strategic importance for attaining the business objectives.
The following are the steps of the BCP life cycle:
- Project and scope planning
- Risk assessment and analysis
- BIA
- Business continuity strategy development
- BCP development
- Business continuity awareness training
- BCP testing
- BCP monitoring, maintenance, and update
Contents of the BCP
The plan should be well documented and written in simple language that can be understood by all. Interviewing the key personnel to determine their understanding of the BCP will help the auditor evaluate the plan’...