ARM Business Continuity and Resilience Flashcards

What is the primary objective of a Business Continuity Plan (BCP)?

Answer: To ensure critical business functions can continue during and after a disruption

A BCP ensures that an organization's critical functions remain operational or are quickly restored when disruptions occur.

In business continuity planning, a Business Impact Analysis (BIA) primarily determines:

Answer: The critical business functions and the impact of their disruption

A BIA identifies which business functions are critical and quantifies the potential financial and operational impact of disrupting those functions.

What is the 'Recovery Time Objective' (RTO)?

Answer: The maximum acceptable length of time to restore a business process after disruption

RTO defines the maximum tolerable downtime for a business process before the disruption causes unacceptable consequences.

Which of the following BEST describes organizational resilience?

Answer: The capacity to anticipate, prepare for, respond to, and adapt to incremental change and sudden disruptions

Organizational resilience encompasses proactive preparation and adaptive capacity to maintain function through any type of disruption or change.

A 'hot site' in business continuity planning refers to:

Answer: A fully equipped backup facility that can immediately assume operations after a disruption

A hot site is a fully operational duplicate of the primary facility that can take over operations immediately with minimal activation time.

What distinguishes a disaster recovery plan from a business continuity plan?

Answer: Disaster recovery specifically addresses IT and technology restoration, while BCP covers all critical business functions

Disaster recovery focuses primarily on restoring IT systems and data, while a BCP encompasses the full range of critical business operations.