why should you regularly review and update your drps? course hero

by Jake Gusikowski PhD 8 min read

What is a DRP and why do you need one?

Apr 23, 2019 · When considering options and needs for your alternate location, you should consider and address access for all of the following, EXCEPT: customer managem ent user vendor 2.00000 points QUESTION 29 1. If an in-place countermeasure needs to be upgraded or replaced, you should disable or remove the countermeasure until the new or upgraded control ...

How often should I review and update my Disaster Recovery Plan?

QUESTION 8 Why should you regularly review and update your DRPs to ensure they from RISK 533 at University of the Cumberlands

Why is it important to review policies and procedures?

Feb 06, 2018 · Question 56 Why should you regularly review and update your DRPs? Selected Answer: to evaluate if personnel is familiar with the steps Answers: to ensure they perform as expected to evaluate if personnel is familiar with the steps to test the reliability of your backup plans to ensure they are ready when needed 0 out of 0.2 points

Why do I need to review my progress?

Apr 22, 2018 · Question 3 0.10000 out of 0.10000 points Why should you regularly review and update your DRPs? Selected Answer: to ensure they are ready when needed Answers: to ensure they perform as expected to evaluate if personnel is familiar with the steps to test the reliability of your backup plans to ensure they are ready when needed

Why do we need to update our disaster recovery plan?

Your update and review of your disaster recovery plan is meant to help make sure you avoid potentially devastating effects of possible disasters over which you have no control. It is essentially a good faith exercise to ensure the ability to protect and access your data in the event of a disaster.

Why is testing a disaster recovery plan important?

It is instrumental in ensuring proper staff training and provides peace of mind for your stakeholders since it lays out your commitment to the protection of their data in a potentially catastrophic event that could negatively impact their data.

What are the consequences of a disaster?

Businesses – large and small – that don’t prepare for disasters pay a high price in terms of significant and costly downtime. The potential impact reaches to: 1 IT equipment, 2 Recovery, 3 Productivity, 4 Lost revenue, 5 Technical costs, 6 Business disruption, 7 Damage to reputation and business relationships.

Why is it important to keep your staff up to date?

It is also important to keep your regular staff up-to-date on standard system maintenance and any potential issues that may arise and how to detect them.

What is the purpose of a business continuity plan?

The purpose of a business continuity plan is to ensure that your standard business processes can continue during—as much as that is possible—and immediately after an emergency or disaster. Your BCP gives you insights into potential threats that may directly affect your business.

What is strategy in business?

Strategy: Anything related to the strategies used by your organization to carry out activities and complete operations. Organization: Factors connected to the management, communications, and roles of your employees.

What are external factors?

External factors include those mandated by regulatory standards and other legal or regional requirements. Stay abreast of your regulatory obligations to make sure you remain compliant. This factor alone may dictate the standard frequency that you choose for your organization’s updates and reviews.

What is a good starting point for a review?

A good starting point for your review is to evaluate what you actually do - your core activities, the products that you make, or services that you provide. Ask yourself what makes them successful, how they could be improved and whether you could launch new or complementary products or services.

When reviewing your business performance, do you need to assess your customer base?

When you're reviewing your business' performance, you'll need to assess your customer base and market positioning as a key part of the process. You should update your marketing plan at least as often as your business plan. Revisiting your markets.

Why is it important to review the progress of your business?

Why it's vital to review the progress of your business. It's easy to focus only on the day-to-day running of your business, especially in the early stages. But once you're up and running, it can pay dividends to think about longer-term and more strategic planning.

Why is it important to have a clear business strategy?

Setting the direction. A clear business strategy will help to answer any concerns and show practical ways forward.

What are external factors?

external factors such as the economy, imports and new technology. changes in competitive activity. Asking your customers for feedback on your business' performance will help to identify where improvements can be made to your products or services, your staffing levels or your business procedures.

When you started your business, did you devise a marketing plan?

When you started your business, you probably devised a marketing plan as part of your overall business plan. This would have defined the market in which you intended to sell and targeted the nature and geographical distribution of your customers.

What is SWOT analysis?

The SWOT analysis (strengths, weaknesses, opportunities, threats) is one of the most popular. This involves looking at the strengths and weaknesses of your business' capabilities, and any opportunities and threats to your business.

How often should you review policies?

As a general rule, you should review every policy between one and three years. But most policy management experts recommend that you review all your policies every year . That's also more easily managed with policy management ...

When is it a good idea to review your policies?

When your organization undergoes large-scale changes, such as change in ownership or executive leadership, it's a good idea to review your relevant policies. Your policies should align with your organization's mission, vision, and values, as well as those of your senior leadership.

Why are policies important?

Your policies are more consistent and effective, and they help protect the organization, the employees, and the people you serve. And if you're in a high-risk or highly-regulated industry, such as healthcare, public safety, banking, or financial technology, you should be conducting regular policy reviews anyway.

What is a policy and procedure?

Effective policies and procedures, including the manual as a whole, are living documents that must grow and adapt with a company. While the core elements and the intent of a policy will likely remain the same — keeping people, equipment, assets, and information safe, for example — the details of how to make it happen need to adapt to ...

Do you need the same people for every policy?

Your policy review and writing team will be different, depending on the policy. You don't need the same people dealing with every policy for every department. For example, you don't want the sales department dictating accounting policy, or the finance department creating IT policies.

Does compliance change constantly?

On the other hand, laws and governmental regulations change constantly, which will affect certain procedures. Your compliance team needs to be aware of these changes and know which policies they affect.

Does a policy review have to be a revision?

Policy review doesn’t always have to result in policy revision. Sometimes, you may need major changes and revisions, other times, you may just need to make a few small tweaks. And sometimes, the policy is just fine as it is, and no revisions are needed at all.

When to Review Policies and Procedures

  • With everything you have to do in the normal course of the workday, it's easy for the policy review process to fall through the cracks. Even your executives and administrators know it's important to review policies and procedures, but everything else still manages to steal their attention and energy...
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Identifying Policies and Procedures That Need to Be Updated

  • Policy review doesn’t always have to result in policy revision. Sometimes, you may need major changes and revisions, other times, you may just need to make a few small tweaks. And sometimes, the policy is just fine as it is, and no revisions are needed at all. You're not going to actually change or rewrite your policy manual every year, because that would be overkill. So ho…
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How to Update Policies

  • You've established a regular schedule for reviewing policies and procedures, and you've identified the policies that need to be updated. How do you actually update them? Are there any best practices? Of course there are! Here are a few of them for you to consider.
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