Business Continuity Planning (BCP) Fundamentals Quiz

DiversifiedSmokyQuartz avatar

Start Quiz

Study Flashcards

5 Questions

What is the definition of a disaster according to DRI International?

A sudden, unplanned calamitous event that creates the inability to provide critical business functions for a predetermined period of time and results in great damage or loss.

What is the primary purpose of Business Continuity Planning (BCP)?

Minimize the impact of a major disruption to normal operations.

Which examples are considered as disasters in the context of BCP?

Pandemic (Covid-19) and Natural Disaster (Flood)

How does the time factor influence whether a service interruption is classified as an inconvenience or a disaster?

It varies from organization to organization.

What does Business Continuity Planning (BCP) aim to achieve?

Enable restoration of critical assets.

Study Notes

Definition of Disaster

  • A disaster, as defined by DRI International, is a sudden, unplanned event that disrupts essential functions and operations of an organization, causing significant financial, operational, or reputational impact.

Business Continuity Planning (BCP)

  • The primary purpose of BCP is to ensure that an organization can respond to interruptions and maintain or restore its operations and services in a timely manner.

Examples of Disasters in BCP

  • Examples of disasters in the context of BCP include natural disasters (e.g. earthquakes, hurricanes, floods), technological failures (e.g. hardware, software, network failures), human-induced disasters (e.g. terrorism, sabotage, cyber attacks), and environmental disasters (e.g. oil spills, chemical leaks).

Time Factor in Disaster Classification

  • The time factor plays a crucial role in determining whether a service interruption is classified as an inconvenience or a disaster, with interruptions exceeding a certain duration (e.g. exceeding a few hours or days) typically being considered disasters.

Aims of Business Continuity Planning

  • BCP aims to achieve the following objectives: minimize downtime, reduce financial losses, maintain customer confidence, and ensure compliance with regulatory requirements.

Test your understanding of the fundamental concepts of Business Continuity Planning (BCP) with this quiz. Explore the definition of a disaster and its impact on critical business functions, as well as key considerations for managing the time factor during a calamitous event.

Make Your Own Quizzes and Flashcards

Convert your notes into interactive study material.

Get started for free

More Quizzes Like This

Use Quizgecko on...