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Volume 32, Issue 2

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DRJ Glossary of Business Continuity Terms


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UPDATED: March 2019
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Glossaries

TermDefinition
Recovery Teams
A structured group of teams ready to take control of the recovery operations if a disaster should occur.
Recovery Time Achieved
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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.

Replication
A continuity and recovery strategy where resources are copied to a dormant site, only being brought into live operations after an incident.
Requirement
A need or expectation that is stated, generally implied or obligatory.
Residual Risk

The level of risk remaining after implementation of controls intended to lessen impact, probability and consequences.

Resilience

Ability of an entity to adapt to change or absorb the impact of a business interruption while continuing to provide a minimum acceptable level of service.

Resilient
The ability of an organization to absorb the impact of a business interruption, and continue to provide a minimum acceptable level of service.
Resources
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.
Response
The reaction to an incident or emergency to assess the damage or impact and to ascertain the level of containment and control activity required.