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DRJ Glossary of Business Continuity Terms

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UPDATED: September 2018
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Recovery Time Achieved
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.
In human resource terms, redundancy can be used to mean the provision of delegates or alternates for key employees or Incident/Crisis Management Team members.
Similar to Legislative or Statutory but usually rules imposed by a regulator rather than through direct government legislation.
A continuity and recovery strategy where resources are copied to a dormant site, only being brought into live operations after an incident.
A need or expectation that is stated, generally implied or obligatory.
Residual Risk
The level of risk remaining after all cost-effective actions have been taken to lessen the impact, probability and consequences of a specific risk or group of risks, subject to an organization's risk appetite.
The process and procedures required to maintain or recover critical services such as ?remote access? or ?end-user support? during a business interruption.
The ability of an organization to absorb the impact of a business interruption, and continue to provide a minimum acceptable level of service.
All assets, people, skills, information, technology (including plant and equipment), premises, and supplies and information (whether electronic or not) that an organization has to have available to use, when needed, in order to operate and meet its objective.
The reaction to an incident or emergency to assess the damage or impact and to ascertain the level of containment and control activity required.
Rest Centre
A building taken over by the Local Authority for the temporary accommodation of evacuees
The procedure or procedures that return applications and data to a known start point.