a contingency plan which identifies the business functions and assets (including personal data) which would need to be maintained in the event of a disaster and sets out the procedures for protecting them and restoring them if necessary
A Business Continuity Plan is the plan for emergency response, backup operations, and post-disaster recovery steps that will ensure the availability of critical resources and facilitate the continuity of operations in an emergency situation.
A collection of documents, which outline the organisation's preferred approach to dealing with disruptions to key business processes. The key documents that generally comprise the BCP include the: business group (or service area) recovery plans; disaster recovery plans; emergency response and evacuation procedures; backup and recovery procedures; and communication and media liaison strategies. Collectively, these documents detail information critical to determining the: declaration point of a disaster; immediate response procedures; minimum level of resources necessary to support a degraded level of service from the key business processes; method of operation in the interim period (between disaster declaration and the restoration of normal operations); and disaster recovery procedures necessary to restore or recover lost business functions.
A business continuity plan (BCP) is a management process to ensure the continuity of businesses. Not to be confused with continuity of operations (COOP) where the focus is primarily a plan to ensure operations continuity after a disastrous event has already occurred. While continuity of operations is part of business continuity planning tasks, there are other issues outside of the operations that businesses will need to plan for (i.e.; brand protection, company reputation protection, the company's market share, stockholders' confidence, supply-chain protection, customer and employee protection that may not be included in the continuity of operations plan).