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Glossary of terms used on this site


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UPDATED: September 2019
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Glossaries

TermDefinition
Structured Walkthrough
Types of exercise in which team members physically implement the business continuity plans and verbally review each step to assess its effectiveness, identify enhancements, constraints and deficiencies.
Succession Plan
A predetermined plan for ensuring the continuity of authority, decision-making, and communication in the event that key members of executive management unexpectedly become incapacitated.
Supply Chain Resilience Analysis
A proactive analysis of vulnerabilities affecting the logistical process of a product or service to establish risk thresholds.
Syndicated Subscription Service
Work space shared by a limited number of organizations, configured for general occupation (not for a particular organization).
System Recovery
The procedures for rebuilding a computer system and network to the condition where it is ready to accept data and applications, and facilitate network communications.
System Restore
The procedures necessary to return a system to an operable state using all available data including data captured by alternate means during the outage.
System Risk
Potential difficulties, such as failure of one participant or part of a process, system, industry or market to meet its obligations, that could cause other participants to not meet their obligations; this could cause liquidity and other problems, thereby threatening stability of the whole process, system, industry or market.