Business Continuance Planning Ltd
L3, PSA House
11 AuroraTerrace
PO Box 10-613
Wellington
New Zealand
Tel  +64 4 471 2407
Fax +64 4 471 2489
www.bcpl.co.nz

Standards

Business continuity terms and definitions have consolidated with the publication of business continuity standards:

  AS/NZS 5050:2010 Business Continuity– Managing disruption-related risk
  BS 25999-1:2006 Business Continuity Management.

The former is directly aligned with:

  ISO 31000:2009 Risk Management- Principles and guidelines, which
     incorporates globally standardised terminology published in:
  ISO Guide 73:2009, Risk management- Vocabulary.

Glossary

Below is a short selection of terms for your initial guidance. Contact BCPL for additional explanatory notes associated with many of these definitions, plus other terms spanning risk assessment, preparedness, response and recovery phases of planning.

Business:
Functional activities of any type of organisation that fulfil its purpose (raison d’être) [BCPL (2010)]

Business continuity:
Continued functioning of an organisation through and beyond a business disruptive event, sufficient to safeguard achievement of its critical objectives [BCPL (2010)].

Business continuity management:
Framework of coordinated activities that direct and control an organisation with regard to disruption-related risk [BCPL (2010)].

Business continuity plan / Contingency plan:
Any plan of action that allows an organisation to respond to events should they occur. [AS/NZS 5050:2010].

Crisis management:
Process by which an organisation manages strategic and broad impacts of events to protect its key stakeholders’ interests. [Adapted from BCI (2002)].

Critical business function
A business function or part thereof identified as essential for survival of the organisation and achievement of its critical objectives [AS/NZS 5050:2010].

Critical objectives:
Objectives that must be achieved during a period of disruption [AS/NZS 5050:2010]

Disaster recovery planning:
Activities associated with the continuing availability and restoration of technology infrastructure [BCPL (2008)].

Disruption-related risk:
Risk arising from the possibility of disruptive events. [AS/NZS 5050:2010].

Emergency planning:
Activities associated with the preparedness for and response to physical events that cause injury, loss of life, destruction of property and assets, for an organisation or community [BCPL (2006)].

Event:
Occurrence or change of a particular set of circumstances [ISO Guide 73:2009].

Recovery:
Actions taken following the commencement of a disruptive event to return the organisation to routine management [AS/NZS 5050:2010].

Resilience:
Adaptive capacity of an organisation in a complex and changing environment [AS/NZS 5050:2010].

Risk:
Effect of uncertainty on objectives [ISO Guide 73:2009].

Risk management:
Coordinated activities to direct and control an organisation with regard to risk [ISO Guide 73:2009].

Business Continuance Planning Ltd (BCPL) can help you strengthen
your organisation in the short term while at the same time establishing a path towards its future requirements - Please refer to our range of services.

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