Like any niche business, Business Continuity (BCP) has its own set of terms. The process of protecting your business can be stressful enough, and the last thing you want or need is to get lost in the jargon when you are evaluating BCP solutions.
To help clear the air, let’s keep things simple and review some of the key BCP terms. This makes it easier for you to discuss BC and DR Planning with your colleagues as everyone will be using consistent terms.
Business Continuity Planning (BCP): highlights vulnerabilities that might impact your business. Detailed information addressing these vulnerabilities to assist in conducting business. These vulnerabilities can include such things as: not knowing which customer owes you money and which supplier you owe.
Disaster Recovery Planning (DRP): is the recovery of IT services following an incident or service interruption.
Emergency Response Planning (ERP): addresses the immediate protection of life, safety, assets and the environment in an emergency situation.
Continuity of Operations Plan (COOP): refers to the management policies and procedures at the enterprise level to respond and recover from a major incident.
This is a brief primer of some of the key terminology, for more terms, check our glossary page in our support section. These terms are integral to understanding how you can prepare your business in the event of a disaster. With a clear understanding of this basic terminology, you are ready to take the next step and start considering how to best approach protecting your business.
KingsBridgeBCP offers businesses of all sizes BCP Software Solutions and industry know how based on best practices. From a FREE Edition to a Platinum Edition there is a Shield for everyone. Our software packages are customized to meet the wide range of our customers’ needs, ensuring we deliver the best value in every project. To learn more about KingsBridge click here.