Learn how to develop a business continuity plan to help resume, recover and restore your business operations.
Introduction to Business Continuity Planning (BCP)
Business continuity planning aims to resume, recover and restore business operations. It also helps to soften the impact of both sudden and gradual disruptions.
How does Business Continuity Planning differ from Business Continuity Management System? Learn more on the various definitions related to the topic of Business Continuity, as well as available guides for reference, below.
Introduction to Business Continuity Management System (BCMS)
BCMS helps organisations to develop and improve their business continuity planning (BCP).
To help you get started on BCMS, you may learn more on its various important elements such as:
- Risk assessment
- Business impact analysis
- Business continuity strategies and solutions
- Business continuity plan
- Exercise
Risk assessment
The first part of BCMS is risk assessment which consists of 3 steps:
- Identify risk
- Analyse risk
- Evaluate risk
Business impact analysis
The second part of BCMS is the process of analysing the impact over time of a disruption based on the following factors:
- Prioritised activities
- Recovery time objectives
- Dependencies
- Resources
Business continuity strategies and solutions
Based on the results from the risk assessment and business impact analysis, the third part of BCMS determines the strategies to put in place.
Business continuity plan and exercise
The fourth part is to consolidate the information from the previous parts and document the details of the steps to take during a crisis.
In the final part of BCMS, the plan is complete after it is fully tested and exercised.
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BCP seminar 2020
BCP webinar 2022