Business Continuity Planning definition
Commonly abbreviated to BCP, business continuity planning is an organisation’s agreed response to significant events outside of their control. A business continuity plan is a map for how the organisation will operate if internal, economic or environmental conditions worsen, such as due to the loss of a key leader, heavy snowfall, damage to infrastructure, supply chain interruption, or a financial downturn.
Also called business continuity and resiliency planning (BCRP).
Disaster recovery is a well-known subset of business continuity planning and refers to policies and procedures aimed at maintaining critical infrastructure before, during and after a disaster.