Difference between revisions of "Reciprocal Agreement"
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| '''1.''' An agreement that allows two [[organization|organizations]] to back each other up. | | '''1.''' An agreement that allows two [[organization|organizations]] to back each other up. | ||
Similar Terms: [[Mutual Aid Agreement]]. | Similar Terms: [[Mutual Aid Agreement]]. | ||
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'''Related Terms''': [[Alternate Site]], [[Reciprocal Site]]. | '''Related Terms''': [[Alternate Site]], [[Reciprocal Site]]. | ||
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'''Note''': A Reciprocal Agreement can be drawn up between two similarly configured [[Organization|organizations]]. Each [[organization]] must have spare processing time, hardware capability or amenity at a limited capacity to support the [[Critical Business Functions (CBF)| critical business functions]] and applications of the [[organization]] in distress. These arrangements are usually used by large companies with many subsidiaries. Even in these cases, it is rare that enough spare processing time and equipment capability exist to support a mutual recovery arrangement. | '''Note''': A Reciprocal Agreement can be drawn up between two similarly configured [[Organization|organizations]]. Each [[organization]] must have spare processing time, hardware capability or amenity at a limited capacity to support the [[Critical Business Functions (CBF)| critical business functions]] and applications of the [[organization]] in distress. These arrangements are usually used by large companies with many subsidiaries. Even in these cases, it is rare that enough spare processing time and equipment capability exist to support a mutual recovery arrangement. | ||
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'''2.''' An arrangement by which one [[organization]] agrees to use another's resources in the [[event]] of a [[Business Continuity (BC)|Business Continuity]] E / I / C. | '''2.''' An arrangement by which one [[organization]] agrees to use another's resources in the [[event]] of a [[Business Continuity (BC)|Business Continuity]] E / I / C. | ||
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('''Source:''' Business Continuity Institute - BCI) | ('''Source:''' Business Continuity Institute - BCI) | ||
Latest revision as of 04:13, 30 October 2020
1. An agreement that allows two organizations to back each other up.
Similar Terms: Mutual Aid Agreement. Related Terms: Alternate Site, Reciprocal Site.
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2. An arrangement by which one organization agrees to use another's resources in the event of a Business Continuity E / I / C.
(Source: Business Continuity Institute - BCI)
3. Agreement between two organizations (or two internal business groups) with basically the same equipment/same environment that allows each one to recover at each other's site.
(Source: Disaster Recovery Institute International / Disaster Recovery Journal - DRII/DRJ)
4. A pre-arranged agreement developed between two or more entities to render assistance to the parties of the agreement.
(Source: ASIS International - ASIS International)