However if we carefully plan and acquire an appropriate strategy we could

However if we carefully plan and acquire an

This preview shows page 5 - 7 out of 11 pages.

disruptions. However, if we carefully plan and acquire an appropriate strategy, we could protect staff and the people we work with, help keep up in business. Business continuity planning helps us deal with the unexpected and helps us deal with possible impacts. According to SANS definition (Institute, 2002) , “Business Continuity refers to the activities required to keep your organization running during a period of displacement or interruption of normal ope ration.” Whereas, Disaster Recovery is the process of rebuilding your operation or infrastructure after the disaster has passed. A disaster is a sudden, unplanned, calamitous event that creates an inability on an organisations part to provide the critical business functions for some predetermined period of time, and which results in great damage or loss (Institute, 2002). 2. Body 2.1.Need of business continuity planning Business Continuity Plan is needed when there is a disruption to the business such as disaster. The various kinds of disaster could be Equipment failure, Disruption of Power, Application Failure or corruption of data base, Human errors, sabotage or strike, malicious software like viruses, Trojans, worms etc., Hacking or other internet attacks, Natural Disasters like fires, earthquake floods etc., outage due to an application error, hardware or network failures (EACEA, 2016). These disasters may occur anywhere and anytime which may lead to massive destruction to the organization physically and technically. These disasters may come without any notification and most of them may not even happen as well. The main part of the business continuity planning is to overcome these disasters and minimize the number of losses. 2.2. Business Continuity Planning Methodology There are basically three phases of planning, Pre-Planning, Planning and Post-Planning which is highly required by any businesses for properly maintaining business future. The initial or the Pre-Planning methodology has a scope of Project initiation, Risk evaluation and Business Impact analysis (Bowman, 2008). The Planning phase is required for Business continuity strategies, Emergency Response and operations and Plan Development plus implementation. Last the Post- Planning phase scopes to awareness or Training, exercising the plan and maintaining the Plan. Given diagram illustrated the BCP Methodology.
Image of page 5
PRAJWOL SUBEDI 15043814 2 Figure 1 Business Continuity Planning Methodology (Kee, 2006) The above methodology can be explained in the following ways (Pereira, 2002): 2.2.1. Project Management and Planning Project Management and Planning assists to define organizat ion’s objectives and policies. It helps to manage BCP projects. Here basically business plans are developed and budgeting is done. It helps to define and manage projects and various processes involved in it.
Image of page 6
Image of page 7

You've reached the end of your free preview.

Want to read all 11 pages?

  • Fall '19
  • Alexander Setiawan

What students are saying

  • Left Quote Icon

    As a current student on this bumpy collegiate pathway, I stumbled upon Course Hero, where I can find study resources for nearly all my courses, get online help from tutors 24/7, and even share my old projects, papers, and lecture notes with other students.

    Student Picture

    Kiran Temple University Fox School of Business ‘17, Course Hero Intern

  • Left Quote Icon

    I cannot even describe how much Course Hero helped me this summer. It’s truly become something I can always rely on and help me. In the end, I was not only able to survive summer classes, but I was able to thrive thanks to Course Hero.

    Student Picture

    Dana University of Pennsylvania ‘17, Course Hero Intern

  • Left Quote Icon

    The ability to access any university’s resources through Course Hero proved invaluable in my case. I was behind on Tulane coursework and actually used UCLA’s materials to help me move forward and get everything together on time.

    Student Picture

    Jill Tulane University ‘16, Course Hero Intern

Stuck? We have tutors online 24/7 who can help you get unstuck.
A+ icon
Ask Expert Tutors You can ask You can ask ( soon) You can ask (will expire )
Answers in as fast as 15 minutes
A+ icon
Ask Expert Tutors