Disaster Recovery Guidelines

Overview: A business recovery plan has many descriptive names: disaster management plan, disaster recovery plan, emergency preparedness plan, contingency plan, business resumption plan, or disaster contingency plan. For simplicity -- and because it is the term that regulations use -- the term "contingency plan" is used throughout this material. Developing a contingency plan for an institution is one thing: developing a contingency plan that is effective and those examiners will support and approve is another. A contingency plan should not be a secret or a mystery. It is just a routine part of business planning and operations. An effective contingency plan simply covers all the facets of the institution's business operations. This means personnel, customers, facilities, functions, assets, and records. This means a straightforward, uncomplicated approach to resuming business operations in case of a disaster. An effective contingency plan is developed as if all the key players will be absent. It means developing written procedures that support policies; using a clean, standardized format, acquiring appropriate business tools, and most important of all, guaranteeing the absolute support of and guidance.

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Format: PDF | Size: 443KB | Date: Feb 2003 | Pages: 11