What is Business Continuity Planning?
Disaster planning is evolving to include not only the restoration of computing facilities, but also assurance that all critical activities of an organization can resume quickly in spite of losses of computing and communication systems, facilities, critical vendors and/or personnel. Business Continuity Planning (BCP) addresses the operating risk question of how best to be prepared and to respond to a major disruption to business activities caused by significant loss.. BCP: The process of developing advance arrangements and procedures that enable an organization to respond to an event in such a manner that critical business functions continue with planned levels of interruption or essential change.
As defined in University policies/guidelines/standards, Business Continuity Planning is the process of identifying critical data systems and business functions, analyzing the risks of disruption to the data systems and business functions, determining the probability of a disruption occurring and then developing plans to enable those systems and functions to be resumed in the event of a disruption. The process includes testing and maintaining the business resumption plans to ensure they are effective.