business continuity management vs business continuity plan
Oncecompleted, the business continuity plan needs to be tested and exercised to ensure that it works as expected. Business continuity management (BCM) is a holistic approach to identifying possible business risks and their impact on operational processes. It combines emergency response, crisis management, disaster recovery, and business
Businesscontinuity management is the process of managing strategies that enable a business to keep running during an operational disruption. Management can include documentation, such as the creation of a business continuity plan, and the formation of disaster recovery protocols. It can also include the management of business continuity
TheAWS Business Continuity Plan outlines measures to avoid and lessen environmental disruptions. It includes operational details about steps to take before, during, and after an event. The Business Continuity Plan is supported by testing that includes simulations of different scenarios. and activation of a crisis management plan to support
AContingency Plan is a plan devised for an outcome other than the usual (expected) plan. Events covered in the contingency plan are not as extreme as the Business Continuity Plan. Examples: Supplier going out of business, bankruptcy, price/currency fluctuations. The contingency plan is to be implemented only if required.
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business continuity management vs business continuity plan