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Volume 32, Issue 4

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DRJ Glossary of Business Continuity Terms

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UPDATED: September 2019
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Business Continuity Management Program(me)
Ongoing management and governance process supported by Top Management and appropriately resourced to implement and maintain business continuity management.
Business Continuity Management System (BCMS)
Part of the overall management system that establishes, implements, operates, monitors, reviews, maintains and improves business continuity.
Business Continuity Management Team
A group of individuals functionally responsible for directing the development and execution of the business continuity plan, as well as responsible for declaring a disaster and providing direction during the recovery process, both pre-disaster and post-disaster.
Business Continuity Maturity Model (BCMM)
A tool to measure the level and degree to which BCM activities have become standard and assured business practices within an organization.
Business Continuity Plan (BCP)
Documented procedures that guide organizations to respond, recover, resume and restore to a pre-defined level of operation following disruption.
Business Continuity Plan Administrator
The designated individual responsible for plan documentation, maintenance, and distribution.
Business Continuity Planning (BCP)
The process of developing prior arrangements and procedures that enable an organization to respond to an event in such a manner that critical business functions can continue within planned levels of disruption.
Business Continuity Programme Board
A management group to give advice, guidance and management authorization to the BC Manager/coordinator/professional.
Business Continuity Steering Committee
A committee of decision makers, (e.g., Business leaders, technology experts and continuity professionals) tasked with making strategic policy and continuity planning decisions for the organization, and for providing the resources to accomplish all business continuity program goals.
Business Continuity Strategy
An approach selected by an organization to ensure its recovery and continuity in the face of a disaster or other business disruption
Business Continuity Team (BCT)
Designated individuals responsible for developing, execution, rehearsals, and maintenance of the business continuity plan.
Business Function
A description of work that is performed to accomplish the specific business requirements of the organization. Examples of business function include delivering raw materials, paying bills, receiving cash and inventory control.
Business Impact Analysis (BIA)

Definition #1:  Process of analyzing activities and the effect a business disruption might have upon them (Source = ISO 22301:2012)

Definition #2: Process of analyzing operational functions and the effect a disruption might have upon them (Source = ISO 22317)

Business Interruption
Any event, whether anticipated (i.e., public service strike) or unanticipated (i.e., blackout) which disrupts the normal course of business operations at an organization?s location.
Business Interruption Costs
The impact to the business caused by different types of outages, normally measured by revenue lost.