business continuity planning (BCP)

Popular Terms
Task of identifying, developing, acquiring, documenting, and testing procedures and resources that will ensure continuity of a firm's key operations in the event of an accident, disaster, emergency, and/or threat. It involves (1) risk mitigation planning (reducing possibility of the occurrence of adverse events), and (2) business recovery planning (ensuring continued operation in the aftermath of a disaster).

Use 'business continuity planning (BCP)' in a Sentence

The technical support department was able to continue operations, after the tornado, due in large part to their effective business continuity planning.
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The business was doing great until the tornado hit, this natural disaster exposed a flaw in their business continuity planning.
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The business continuity planning was a strategic arm of the business that functioned as a bifurcating tree of possibilities to be prepared for.
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