Frequently Asked Questions
About Continuity Business Plan
A business continuity plan is a document that collects information on resources, assets and procedures; the plan will be developed by the department, tested and updated as needed, to be ready in the event of an interruption in business operations. Here are some of the frequently asked questions about it:
- Who should be part of the planning process? In essence, all levels of the department, school or business unit will be involved in the planning process. The dialogue around business continuity should circulate among upper and middle managers, associate and assistant deans, key functional managers, building coordinators and other support staff.
- How long will it take to craft a continuity business plan? The time frame to complete a plan will depend on the individual department and the essential business processes they perform. However, the process in total need not take more than one quarter of the year.
- What is a business impact analysis? A BIA is a tool to help your company understand the effect of an interruption on your regular operations and critical business functions. This is an exercise where employees outline processes and prioritize them based on urgency to fulfilling the company’s mission.
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