Crisis Management and Business Continuity Planning
Expert-defined terms from the Professional Certificate in Risk Management in Supply Chains course at London School of Business and Administration. Free to read, free to share, paired with a professional course.
Accountability refers to the state of being answerable for actions taken,… #
Related terms include responsibility, answerability, and liability.
Action Plan is a document that outlines the steps to be taken in response… #
Related terms include contingency planning, crisis management, and emergency response.
Asset Management involves the systematic identification, classification,… #
Related terms include asset protection, asset recovery, and asset restoration.
Audit is a systematic examination and evaluation of an organization's Cri… #
Related terms include risk assessment, compliance review, and process evaluation.
Availability refers to the degree to which a system, process, or asset is… #
Related terms include accessibility, usability, and reliability.
Business Continuity Management is a holistic approach to managing an orga… #
Related terms include crisis management, disaster recovery, and emergency management.
Business Continuity Plan is a document that outlines the procedures and p… #
Related terms include crisis management plan, emergency response plan, and disaster recovery plan.
Business Impact Analysis is a systematic process of identifying and evalu… #
Related terms include risk assessment, impact analysis, and business continuity planning.
Capability refers to the ability of an organization to perform a specific… #
Related terms include competency, capacity, and proficiency.
Communication Plan is a document that outlines the procedures and protoco… #
Related terms include crisis communication, emergency communication, and stakeholder engagement.
Compliance refers to the state of adhering to regulatory requirements, in… #
Related terms include regulatory compliance, risk management, and governance.
Contingency Planning involves the identification and mitigation of… #
Related terms include crisis management, emergency planning, and risk management.
Crisis is a situation that threatens the viability or reputation of an or… #
Related terms include disaster, emergency, and disruption.
Crisis Management is the process of responding to and recovering from a c… #
Related terms include emergency management, disaster recovery, and business continuity management.
Crisis Management Plan is a document that outlines the procedures and pro… #
Related terms include emergency response plan, disaster recovery plan, and business continuity plan.
Crisis Management Team is a group of individuals responsible for respondi… #
Related terms include emergency management team, disaster recovery team, and business continuity team.
Critical Infrastructure refers to the assets and systems that are… #
Related terms include critical assets, essential services, and key resources.
Data Backup is the process of creating and storing copies of critical dat… #
Related terms include data recovery, data restoration, and data protection.
Disaster is a situation that causes widespread damage or disruption, it r… #
Related terms include crisis, emergency, and disruption.
Disaster Recovery is the process of responding to and recovering from a d… #
Related terms include crisis management, emergency management, and business continuity management.
Disaster Recovery Plan is a document that outlines the procedures and pro… #
Related terms include crisis management plan, emergency response plan, and business continuity plan.
Emergency is a situation that requires immediate attention and response,… #
Related terms include crisis, disaster, and disruption.
Emergency Management is the process of responding to and recovering from… #
Related terms include crisis management, disaster recovery, and business continuity management.
Emergency Response Plan is a document that outlines the procedures and pr… #
Related terms include crisis management plan, disaster recovery plan, and business continuity plan.
Escalation Procedure is a process for escalating a crisis or disruption t… #
Related terms include crisis escalation, emergency escalation, and incident escalation.
Gap Analysis is a process of identifying and evaluating the gaps between… #
Related terms include risk assessment, impact analysis, and capability assessment.
Incident is a specific event or situation that may be a crisis, disaster,… #
Related terms include crisis, disaster, and disruption.
Incident Management is the process of responding to and recovering from a… #
Related terms include crisis management, emergency management, and business continuity management.
Information Security is the practice of protecting an organization's info… #
Related terms include data security, cybersecurity, and information protection.
Key Performance Indicator is a measure used to evaluate an organization's… #
Related terms include performance metric, benchmark, and evaluation criterion.
Mitigation refers to the actions taken to reduce the likelihood or impact… #
Related terms include risk reduction, threat mitigation, and crisis avoidance.
Operational Risk is the risk of loss or disruption resulting from inadequ… #
Related terms include operational failure, process risk, and system risk.
Recovery Point Objective is the point in time to which an organization's… #
Related terms include recovery time objective, data recovery, and system recovery.
Recovery Time Objective is the time within which an organization's system… #
Related terms include recovery point objective, data recovery, and system recovery.
Resilience refers to the ability of an organization to withstand and reco… #
Related terms include robustness, adaptability, and agility.
Risk Assessment is the process of identifying, evaluating, and prioritizi… #
Related terms include risk analysis, risk evaluation, and risk mitigation.
Risk Management is the process of identifying, evaluating, and mitigating… #
Related terms include risk assessment, risk analysis, and risk mitigation.
Stakeholder is a person or group that has an interest or concern i… #
Related terms include customer, employee, and supplier.
Supply Chain refers to the network of organizations, people, and activiti… #
Related terms include supply chain management, logistics, and procurement.
Supply Chain Risk is the risk of disruption or failure in the supply chai… #
Related terms include supply chain disruption, supply chain failure, and supply chain resilience.
Training and Exercise is the process of educating and training personnel… #
Related terms include crisis management training, business continuity training, and emergency response training.
Vulnerability refers to the weakness or exposure of an organizatio… #
Related terms include risk, threat, and exposure.
Workaround is a temporary solution or fix for a problem or disruption, it… #
Related terms include interim solution, temporary fix, and stopgap measure.