DRJ Glossary of Business Continuity Terms

The ordering of critical activities and their dependencies are established during the BIA and Strategic-planning phase. The business continuity plans will be implemented in the order necessary at the time of the event.

Activities to which priority must be given following an incident in order to mitigate impacts.

The chance of a risk occurring.

Specified way to carry out an activity.

A set of interrelated or interacting activities which transforms inputs to outputs.

Beneficial outcomes provided by an organization to its customers, recipients and interested parties.

The activities that make up the six stages of the BCI?s Good Practice Guidelines BCM Lifecycle.

An ongoing process supported by senior management and adequately funded.

The process for evaluating a business function based on observations and does not involve measures or numbers. Instead, it uses descriptive categories (e.g., customer service, regulatory requirements) to allow for refinement of the quantitative assessment.

The process for placing value on a business function for risk purposes. It is a systematic method that evaluates possible financial impact for losing the ability to perform a business function. It uses numeric values to allow for prioritizations.

Activities implemented prior to an incident that may be used to support and enhance mitigation of, response to, and recovery from disruptions.

A secure area to which the uninjured can be taken for shelter, first aid, interview and documentation as appropriate to the incident.

Agreement between two organizations (or two internal business groups) with similar equipment/environment that allows each one to recover at the other?s location.

A statement of results achieved or evidence of activities performed.