Business Continuity Planners
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iWolf covers all areas and aspects of risk management and damage control regardless of the cause. Natural or Technological.
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Why have a BCP ?
The purpose of a Business Continuity Plan is to ensure the continuation of your business during and following any critical incident that results in disruption to your normal business operational.
This guide will assist you to undertake a Risk Management Plan and Business Impact Analysis, and create Incident Response and Recovery Plans for your business.
Developing a Business Continuity Plan
iWolf incorporates the Prevention, Preparedness, Response and Recovery (PPRR) framework. Each of the four key elements is represented by a part in the Business Continuity Planning Process.
Prevention
Incorporates the Prevention element that identifies and manages the likelihood and/or effects of risk associated with an incident.
Preparedness
Incorporates the Preparedness element that identifies and prioritises the key activities of a business that may be adversely affected by any disruptions.
Response
Incorporates the Response element and outlines immediate actions taken to respond to an incident in terms of containment, control and minimising impacts.
Recovery
Incorporates the Recovery element that outlines actions taken to recover from an incident in order to minimise disruption and recovery times.
Objectives serve as a means of clarifying the purpose of your plan and should describe the intended result. An example of plan objectives are listed below:
The objectives of a BCP are to:
Undertake risk management assessment
Define and prioritise your critical business functions
Detail your immediate response to a critical incident
Detail strategies and actions to be taken to enable you to stay in business
Review and update this plan on a regular basis.
Risk Management Planning
You need to manage the risks to your business by identifying and analysing the things that may have an adverse effect on your business and choosing the best method of dealing with each of these identified risks.
Questions to ask:
What could cause an impact?
How serious would that impact be?
What is the likelihood of this occurring?
Can it be reduced or eliminated