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Week 11 Cloud Computing

 

Business Continuity Plan (BCP)

Purpose:

·         A Business Continuity Plan is a comprehensive strategy to ensure critical business functions operate during and after a disaster or disruption.

·         It outlines the procedures and processes for maintaining or restoring business operations.

Components:

·         Risk Assessment: Identifying potential threats and vulnerabilities.

·         Recovery Strategies: Detailed plans for resuming key operations.

·         Roles and Responsibilities: Assigning tasks and responsibilities to specific personnel.

·         Communication Plan: Ensuring effective communication during a crisis.

·         Testing and Training: Regularly test the plan and train staff to ensure preparedness.

Focus:

·         The focus of a BCP is on the how-to aspect of continuing business operations, including the steps to take before, during, and after a disruption.

Business Impact Analysis (BIA)

Purpose:

·         A Business Impact Analysis is a systematic process used to identify and evaluate the potential effects of disruptions to business operations.

·         It helps in understanding the criticality of different business functions and the impact of their interruption.

Components:

·         Identification of Critical Functions: Determining which functions are essential to business operations.

·         Impact Assessment: Evaluating disruptions' financial, operational, and reputational impact on these functions.

·         Recovery Time Objectives (RTO): Establishing the maximum acceptable downtime for each critical function.

·         Dependencies: Identifying internal and external dependencies that are crucial for operations.

Focus:

·         The focus of a BIA is on analysis and assessment, helping organizations prioritize their resources and recovery efforts based on the potential impact of disruptions.

 

 

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