Important Points for IC 86 - Risk Management Exam

Page 25 Of 32

Go to:

  • Catastrophe is not the same as disaster. It is a sudden and widespread disaster.
  • FEMA definition: '
  • A business continuity plan is a comprehensive statement of consistent actions to be taken before, during and after a disaster. The plan should be documented and tested to ensure continuity of operations and availability of critical resources in the event of a disaster.'
  • Business continuity planning (BCP) is an interdisciplinary peer mentoring methodology used to create and validate a practiced logistical plan for how an organisation will recover and restore partially or completely interrupter critical function(s) within a predetermined time after a disaster or extended disruption. The logistical plan is called a Business Continuity Plan'.
  • In plain language, BCP is how an organisation prepares for future incidents that could jeopardise the organisations core mission and its long term health. It is aimed at reducing operational risk associated with information management controls. This process may be integrated with improving information security and corporate reputation risk management practices.'

Risk Management Exam

Copyright 2025 - MODELEXAM MODELEXAM®