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 | + | ** 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)
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