Business Continuity Plan
The objective of a BCP 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.
Ultimately, the protection of human life is a critical factor in any business continuity procedure. This takes precedence over all other elements.
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 BCP should be well documented and written in simple language that can...