which is the first step in building a business continuity plan course hero

What is the first step of a business continuity plan BCP?

The first step in any type of planning is assessment. Assessing your business is key to understanding what needs to be included in your BCP. Decide what are the time-sensitive or critical functions you need for your business to stay afloat. Then, identify what and who is needed to maintain these critical functions.Oct 30, 2018

What is the first step in starting a business continuity?

Step 1: Risk Assessment Assessment of the potential impact of various business disruption scenarios. Determination of the most likely threat scenarios. Assessment of telecommunication recovery options and communication plans. Prioritization of findings and development of a roadmap.Feb 11, 2020

Which is the first step in the continuity planning process?

Business Impact Analysis (BIA) The first step to building your company's BCP is to consider the potential impact of each type of disaster or risk event that your company may face.Jun 14, 2018

Which is the first step in building a business continuity plan quizlet?

The phases of BCP are: 1)Project Management and Initiation; 2) Business Impact Analysis; 3) Recovery Strategy; 4) Plan Design; and 5) Development, and Testing, Maintenance, Awareness, and Training.

How do you start a business continuity plan?

Steps to Creating a Business Continuity PlanStep 1: Assemble a Business Continuity Management Team. ... Step 2: Ensure the Safety and Wellbeing of Your Employees. ... Step 3: Understand the Risks to Your Company. ... Step 4: Implement Recovery Strategies. ... Step 5: Test, Test Again and Make Improvements.Sep 28, 2020

What is the first step in business continuity planning quiz?

What is the first step in business continuity planning? List possible events. Document the actions that should be taken to prevent or reduce the likelihood of an event occurring. Have multiple personnel review the plan.

What are the 7 steps of continuity management?

7 Steps to Create a Business Continuity Plan + Webinar ReplayStep 1: Regulatory Review and Landscape. ... Step 2: Risk Assessment. ... Step 3: Perform a Business Impact Analysis. ... Step 4: Strategy and Plan Development. ... Step 5: Create an Incident Response Plan. ... Step 6: Plan Testing, Training and Maintenance. ... Step 7: Communication.Jun 26, 2018

What are the stages of business continuity?

An organisation's BCP should contain four phases: Initial response. Relocation. Recovery.Nov 2, 2018

What is one of the initial steps in developing a business continuity plan LTI?

The first step in creating a business continuity plan is to perform a business impact analysis. To begin, list the processes that you use to deliver your products and services to customers. Then, catalog the resources needed to power those processes.Mar 12, 2018

What is a business continuity plan quizlet?

Business continuity planning (BCP) involves assessing the risks to organizational processes and creating policies, plans, and procedures to minimize the impact those risks might have on the organization if they were to occur.

What is the first step that individuals responsible for the development of a business continuity plan should perform?

Explanation : The first task of the BCP team should be the review and validation of the business organization analysis initially performed by those individuals responsible for spearheading the BCP effort.

Which of the following is the definition of business continuity plan BCP )?

A business continuity plan (BCP) is a document that outlines how a business will continue operating during an unplanned disruption in service.

How to create a BCP?

1) Establish the need for a BCP. -Perform a focused risk analysis to identify and document potential outages to critical systems. 2)Obtain management support. 3)Identify strategic internal and external resources to ensure that BCP matches overall business and technology plans.

What is phase V?

Phase V: Testing, Maintenance, Awareness and Training. In this phase, plans for testing and maintaining the BCP are implemented and also awareness and training procedures are executed. Phase V: Plan Testing. Plan testing ensures that the business continuity capability remains effective, regardless of the disaster.

How to do a damage assessment?

1) Assemble emergency operations team. 2) Contact recovery team members to participate in the initial damage assessment. -Access to different areas within the building, including capability to secure the building. 4) Calculate the time required to resume critical and non-critical business operations.