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This involves the development of a Business Continuity Plan (BCP) designed to ensure the recovery of critical business activities from natural or man-made failures or disasters to an acceptable level within a predefined time frame, thereby minimizing the impact of losses to the organisation. Implementing a BCP is essential for every business.
Business continuity planning involves the following five major processes:
Critical Business Activities Identification
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Business Continuity Risk Assessment
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Business Continuity Plan Development
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Plan Approval and Implementation
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Regular Review and Ongoing Maintenance
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Critical Business Activities Identification
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