Business Continuity Plan (BCP ) is the central plan documentation that documents continuity and recovery procedures for crisis events.

Business Continuity Management (BCM ) is a holistic management program that identifies potential events that threaten an organization and provides a framework for building resilience with the capability for an effective response that safeguards the interests of its key stakeholders, the environment, reputation, brand, and value-creating activities.

1. What is the relationship between business continuity and risk management?

2. Identify the benefits of BCM that are easy to quantify and those that are not easy to quantify. 3. Identify the initial and ongoing expenses related to the BCM program. 4. Once completed, why would a BCP ever change? 5. Define the three stages in the BCM cycle. 6. Define the five phases of business continuity. 7. Why are comprehensive checklists and questionnaires beneficial during the site inspection and management interview process? 8. Why should senior management rather than IT managers have final approval over the IT Disaster Recovery Plan?