The Business Continuity Resource Requirements worksheet should be completed by business function and process managers.
The Business Continuity Resource Requirements worksheet should be completed by business function and process managers.Tags: Covering Letter For Cv Software EngineerVerfassen EssayBusiness Plan TempletReview Research Paper ExampleTable Of Contents Of A Research PaperThe N Imagination Critical Essays On N Writing In EnglishEssay On Premarital CohabitationCompare And Contrast Essay Examples Middle SchoolFinancial Problem Solving
Once all worksheets are completed, the worksheets can be tabulated to summarize: Those functions or processes with the highest potential operational and financial impacts become priorities for restoration.
The point in time when a function or process must be recovered, before unacceptable consequences could occur, is often referred to as the “Recovery Time Objective.”Recovery of a critical or time-sensitive process requires resources.
Strategies may involve contracting with third parties, entering into partnership or reciprocal agreements or displacing other activities within the company.
Staff with in-depth knowledge of business functions and processes are in the best position to determine what will work.
Business continuity impact analysis identifies the effects resulting from disruption of business functions and processes.
It also uses information to make decisions about recovery priorities and strategies.
Following an incident that disrupts business operations, resources will be needed to carry out recovery strategies and to restore normal business operations.
Resources can come from within the business or be provided by third parties.
If a facility is damaged, production machinery breaks down, a supplier fails to deliver or information technology is disrupted, business is impacted and the financial losses can begin to grow.
Recovery strategies are alternate means to restore business operations to a minimum acceptable level following a business disruption and are prioritized by the recovery time objectives (RTO) developed during the business impact analysis.