Business Continuity Management, Disaster Recovery Planning: Compliance in Practice

Nijaz Bajgorić, Lejla Turulja and Amra Alagić ()
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Nijaz Bajgorić: University of Sarajevo
Lejla Turulja: University of Sarajevo
Amra Alagić: University of Sarajevo

Chapter Chapter 4 in Always-On Business, 2022, pp 51-78 from Springer

Abstract: Abstract This chapter provides instructions on how a project management methodology can be applied to create, implement, and maintain Business Continuity Plan (BCP), Disaster Recovery Plan (DRP) with a strong emphasis on building business readiness that allows companies to recover their business processes after unforeseen events. There are three main topics covered in this chapter: Business Continuity Plan (BCP), Disaster Recovery Plan (DRP) and IT Audit of BC/DR. The Chapter explains four key BCM processes that can be divided into the following six phases: Project initiation, Risk Assessment/Business Impact Analysis, Determining the BCM Strategy, Creation of master Contingency Plans, Testing and exercising master Contingency Plans, and Operations Management. Special emphasis was placed on the development of two key documents, Risk Assessment and Business Impact Analysis, through which the BCM team becomes more familiar with business processes and the IT infrastructure that supports these processes, in order to define key parameters such as RTO and RPO to prioritize critical business processes and determine the order of recovery of processes and applications after a disaster. At the end of the Chapter, instructions are provided on how to conduct a systematic audit of BC/DR processes and associated activities.

Date: 2022
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Persistent link: https://EconPapers.repec.org/RePEc:spr:prochp:978-3-030-93959-5_4

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DOI: 10.1007/978-3-030-93959-5_4

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