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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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Glossaries

TermDefinition
Recoverable Loss
Financial losses due to an event that may be reclaimed in the future, e.g. through insurance or litigation.
Recovery
Implementing the prioritized actions required to return the processes and support functions to operational stability following an interruption or disaster.
Recovery Management Team
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Recovery Period
The time period between a disaster and a return to normal functions, during which the disaster recovery plan is employed.
Recovery Point Capability (RPC)
The point in time to which data was restored and/or systems were recovered (at the designated recovery/alternate location) after an outage or during a disaster recovery exercise.
Recovery Point Objective (RPO)
The point in time to which data is restored and/or systems are recovered after an outage. The point to which information used by an activity must be restored to enable the activity to operate on resumption.
Recovery Services Agreement / Contract
A contract with an external organization guaranteeing the provision of specified equipment, facilities, or services, usually within a specified time period, in the event of a business interruption.
Recovery Site
A designated site for the recovery of business unit, technology, or other operations, which are critical to the enterprise.
Recovery Teams
A structured group of teams ready to take control of the recovery operations if a disaster should occur.
Recovery Time Capability (RTC)
The demonstrated amount of time in which systems, applications and/or functions have been recovered, during an exercise or actual event, at the designated recovery/alternate location (physical or virtual).?
Recovery Time Objective (RTO)
The period of time within which systems, applications, or functions must be recovered after an outage. RTO includes the time required for: assessment, execution and verification. The period of time following an incident within which a product or service or an activity must be resumed, or resources must be recovered.
Recovery Timeline
The sequence of recovery activities, or critical path, which must be followed to resume an acceptable level of operation following a business interruption.
Redundancy

Duplicate technology, facilities, equipment, information or personnel intended to increase reliability or availability and decrease the risk of loss.

Regulatory
Similar to Legislative or Statutory but usually rules imposed by a regulator rather than through direct government legislation.
Remediation

The process of planning for and/or implementing measures taken to repair or limit damage or exposure to loss.