Review:
Business Continuity Planning
overall review score: 4.5
⭐⭐⭐⭐⭐
score is between 0 and 5
Business continuity planning (BCP) is a process that helps organizations prepare for and recover from potential threats or disruptions to ensure the continued operation of critical business functions.
Key Features
- Risk assessment
- Business impact analysis
- Development of recovery strategies
- Testing and exercises
- Plan maintenance
Pros
- Ensures business resilience in the face of disasters
- Reduces downtime and disruption to operations
- Enhances stakeholder confidence
Cons
- Can be time-consuming and resource-intensive to develop and maintain
- Requires ongoing commitment and investment