Define Business Continuity Plan

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After all worksheets have been completed and validated, the priorities for restoration of business processes should be identified.

Primary and dependent resource requirements should also be identified.

It also uses information to make decisions about recovery priorities and strategies.

The Operational & Financial Impacts worksheet can be used to capture this information as discussed in Business Impact Analysis.

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.

The Business Continuity Resource Requirements worksheet should be completed by business function and process managers.

The worksheets Operational and Financial Impacts and Business Continuity Resource Requirements should be distributed to business process managers along with instructions about the process and how the information will be used.

After all managers have completed their worksheets, information should be reviewed. Meetings with individual managers should be held to clarify information and obtain missing information.

By understanding the business and knowing potential risks, companies can reduce the probability that a disruption will occur, minimize the impact of a disruption, protect assets, and address weak points in operations.

The business continuity plan establishes both the Recovery Point Objective (RPO) and Recovery Time Objective (RTO).

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