Business Continuity Planning
Definition(s):
The process of developing prior arrangements and procedures that enable an organization to respond to an event in such a manner that critical business functions can continue within planned levels of disruption. The end result of the planning process is the BC Plan.
Source: BCI/DRJ
Business Continuity Planning (BCP) is the process of creating a system of prevention and recovery to deal with potential threats to a company's operations. It is an important part of risk management and involves identifying potential risks, developing strategies to mitigate or prevent them, and developing plans to ensure the continuity of operations in the event of a disruption.