Business continuity glossary
Plain-English definitions of the terms you'll meet across business continuity, disaster recovery and operational resilience.
- Business Continuity Management(BCM)
- Business Continuity Management (BCM) is the holistic process of identifying threats to an organisation and building the capability to keep critical operations running through disruption.
- Business Continuity Plan(BCP)
- A Business Continuity Plan (BCP) is a documented set of procedures that guides an organisation in continuing and recovering critical functions during and after a disruption.
- Business Impact Analysis(BIA)
- A Business Impact Analysis (BIA) identifies critical business processes and quantifies the operational, financial, legal and reputational impact of disrupting them over time.
- Call Tree
- A call tree (or call cascade) is a pre-defined contact list and escalation order used to rapidly notify staff and stakeholders during an incident.
- Crisis Management
- Crisis Management is the coordinated process of leading an organisation through a major disruptive event, covering decision-making, stakeholder communication and welfare.
- Digital Operational Resilience Act(DORA)
- DORA is an EU regulation, in force since January 2025, that requires financial entities and their ICT providers to manage ICT risk and maintain tested operational-resilience capabilities.
- Disaster Recovery(DR)
- Disaster Recovery (DR) is the subset of business continuity focused on restoring IT systems, applications and data after a disruptive event.
- Incident Management
- Incident Management is the process of detecting, responding to, and resolving disruptions in a structured way to limit damage and restore normal operations.
- ISO 22301
- ISO 22301 is the international standard specifying requirements for a Business Continuity Management System (BCMS), against which organisations can be independently certified.
- Maximum Tolerable Period of Disruption(MTPD)
- The Maximum Tolerable Period of Disruption (MTPD), also called MTD, is the longest a critical process can be unavailable before the resulting damage threatens the organisation's survival.
- NIS2 Directive(NIS2)
- NIS2 is an EU directive that strengthens cybersecurity and continuity obligations across essential and important entities, including risk management, incident reporting and business continuity.
- Operational Resilience
- Operational resilience is an organisation's ability to prevent, adapt to, respond to, recover from and learn from operational disruptions.
- Recovery Point Objective(RPO)
- A Recovery Point Objective (RPO) is the maximum amount of data, measured in time, an organisation can afford to lose in a disruption.
- Recovery Time Objective(RTO)
- A Recovery Time Objective (RTO) is the maximum acceptable length of time a business process or system can be down before the impact becomes unacceptable.
- Risk Appetite
- Risk appetite is the amount and type of risk an organisation is willing to accept in pursuit of its objectives.
- Single Point of Failure(SPOF)
- A single point of failure (SPOF) is any component — a system, supplier, site or person — whose failure alone would halt a critical process.
- Tabletop Exercise
- A tabletop exercise is a discussion-based session in which a team walks through a simulated disruption scenario to validate plans and decision-making without affecting live systems.
- Work Area Recovery
- Work area recovery is the provision of alternative workspace and equipment so staff can continue critical functions when their primary site is unavailable.
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