Difference between revisions of "Key Planning Scenario"

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** is the magnitude of a [[Disaster|disaster]] that an [[Organization|organization]] is willing to commit its resources to [[Reduce|reduce]] the impact of the disruption.  
 
** is the magnitude of a [[Disaster|disaster]] that an [[Organization|organization]] is willing to commit its resources to [[Reduce|reduce]] the impact of the disruption.  
 
** derives the the impact (or disadvantage to an organisation) from a upper limit of outage deviation (highest period of disruption) from a [[List_of_Threats|list of threats]] identified during the [[Risk_Analysis_and_Review|RAR]] phase.
 
** derives the the impact (or disadvantage to an organisation) from a upper limit of outage deviation (highest period of disruption) from a [[List_of_Threats|list of threats]] identified during the [[Risk_Analysis_and_Review|RAR]] phase.
** form the basis for the development and implementation of the [[Business_Continuity_Plan_(BC_Plan)|BC plan]] and recovery procedures. The key planning scenario is derived based on the list of [[Threat|threats]] identified; which the [[BCM_Steering_Committee|BCM Steering Committee]] deems the [[Organization|organization]] is [[Vulnerability|vulnerable]] to (or likely to occur), and that, if nothing is done, will cause significant (potential) [[Loss|losses]] and subsequently, result in huge costs to [[Recover|recover]] the business.  
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** form the basis for the development and implementation of the [[Business_Continuity_Plan_(BC_Plan)|BC plan]] and recovery procedures. The ** is derived based on the list of [[Threat|threats]] identified; which the [[BCM_Steering_Committee|BCM Steering Committee]] deems the [[Organization|organization]] is [[Vulnerability|vulnerable]] to (or likely to occur), and that, if nothing is done, will cause significant (potential) [[Loss|losses]] and subsequently, result in huge costs to [[Recover|recover]] the business.  
 
** enable the [[Organization|organization]] to develop its [[Business_Continuity_Plan_(BC_Plan)|BC plan]] that will address multiple [[Threat|threats]].  
 
** enable the [[Organization|organization]] to develop its [[Business_Continuity_Plan_(BC_Plan)|BC plan]] that will address multiple [[Threat|threats]].  
 
** is used to determine the [[Impact|impact]] to the business, and the priority with which [[Critical|critical]] business and support functions will be [[Recover|recovered]]. The recovery time lines, resources and [[Vital_Records|vital records]] must ensure the recovery of these functions, and shall be consistent with the key [[Disaster|disaster]] scenario.  
 
** is used to determine the [[Impact|impact]] to the business, and the priority with which [[Critical|critical]] business and support functions will be [[Recover|recovered]]. The recovery time lines, resources and [[Vital_Records|vital records]] must ensure the recovery of these functions, and shall be consistent with the key [[Disaster|disaster]] scenario.  

Revision as of 06:25, 25 September 2020

1. Key Planning Scenario (KPS) provides the BC Team with a perspective of the magnitude of disaster that an organization is willing to commit the resources to mitigate and is acceptable to the organisation. This organisation includes the Executive Management, Organization BCM Coordinator, BCP team, DRP team and the Crisis Management Team.

Related Term: Risk Appetite, Risk Likelihood, Risk Impact, Risk Rating, Risk Assessment, Risk Level, Period of Disruption, Key Disaster Scenario (This term is changed to Key Planning Scenario)

  • Notes (1): Key Planning Scenario
    • is the magnitude of a disaster that an organization is willing to commit its resources to reduce the impact of the disruption.
    • derives the the impact (or disadvantage to an organisation) from a upper limit of outage deviation (highest period of disruption) from a list of threats identified during the RAR phase.
    • form the basis for the development and implementation of the BC plan and recovery procedures. The ** is derived based on the list of threats identified; which the BCM Steering Committee deems the organization is vulnerable to (or likely to occur), and that, if nothing is done, will cause significant (potential) losses and subsequently, result in huge costs to recover the business.
    • enable the organization to develop its BC plan that will address multiple threats.
    • is used to determine the impact to the business, and the priority with which critical business and support functions will be recovered. The recovery time lines, resources and vital records must ensure the recovery of these functions, and shall be consistent with the key disaster scenario.


  • Note (2): Test and exercise scenarios should also be realistic. The scenarios developed should be consistent with the key planning scenario. For example, if an earthquake is not identified as a threat which leads to the key planning scenario, then one should not consider developing a test or exercise scenario based on an earthquake. Fire is an inherent risk to most, if not all organizations; thus, a test scenario based on a fire will be a practical choice.'


  • Note (3): Worst-case disaster scenario is another term used to refer to the key planning scenario. Unfortunately, this term is often misinterpreted as implying a “dooms-day” scenario. Planning for the dooms-day scenario is not recommended as it will mean that organization needs to expand and commit significant amount of resources and funds to develop such plans and conduct exercises to improve readiness. But, the effort and resources to be committed is unjustifiable.


Analysing And Reviewing The Risks For Business Continuity Planning
BCMBoK Competency Level
BCMBoK 2: Risk Analysis & Review CL 1B: Foundation (BC)


BCMBoK Competency Level
BCMBoK 2: Risk Analysis & Review CL 1C: Foundation (CM)


BCMBoK Competency Level
BCMBoK 2: Risk Analysis & Review CL 1D: Foundation (DR)

 

 

Courses

(Source: Business Continuity Management Institute - BCM Institute)