Business Continuity Management has to do with variety of planes and processes that you have put in place in order to ensure that your business continues to run during disruptions. Take for example, the time that the world world has to pass through COVID-19 pandemic, companies that have Business Continuity Plans and processes in place were able to function and their businesses were not badly affected during the pandemic.
Here are some of the acronyms that has to do with Business Continuity Management.
ISO: International Organisation For Standardisation
KPI: Key Performance Indicator
LA: Lead Auditor
LI: Lead Implementer
MAO: Maximum Acceptable Outage
MBCO: Minimum Business Continuity Objective
MoU: Memorandum of Understanding
MTPD: Maximum Tolerable Period of Disruption
NIST: National Institute of Standard and Technology
PDCA: Plan, Do , Check , Act.
PECB: Professional Evaluation And Certification Board
RM: Risk Management
RMA: Record Management Applications
RPO: Recovery Point Objectives
RTO: Recovery Time Objectives
WBS: Work Breakdown Structure
WHO: World Health Organisation
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