Business Continuity Management definition

Business Continuity Management means the holistic management process which identifies potential threats to an organization and the impacts to business operations those threats, if realized, might cause and which provides a framework for building organizational resilience with the capability of an effective response that safeguards the interests of its key stakeholders, reputation, brand and value-creating activities.
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Business Continuity Management has the meaning in Clause 13.3.
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Business Continuity Management or “BCM” means the holistic management of the process of identifying the organization’s business critical functions, evaluating risks and their impacts, and developing plans that enable organizational resiliency in the midst of Incidents.
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Examples of Business Continuity Management in a sentence

  • Seller shall have and comply with a company security and business continuity management policy, which shall be revised and maintained proactively and as may be requested by Buyer (“Security and Business Continuity Management Policy”).

  • Buyer reserves the right to receive and review a physical or electronic copy of Seller’s Security and Business Continuity Management Policy and to conduct on-site audits of Seller’s facility and practices to determine whether such policy and Seller’s implementation of such policy are reasonably sufficient to protect Buyer’s property and/or interests.

  • The Contracting Retailer shall establish and maintain robust business continuity and disaster recovery plans and cooperate with the Market Operator in relation to the Market Operator’s business continuity management and shall comply with CSD 0007 (Business Continuity Management).

  • The Contracting Wholesaler shall establish and maintain robust business continuity and disaster recovery plans and cooperate with the Market Operator in relation to the Market Operator’s business continuity management and shall comply with CSD 0007 (Business Continuity Management).

  • The Market Operator shall establish and maintain robust business continuity and disaster recovery plans including a Market Incident Management Plan and shall comply with CSD 0007 (Business Continuity Management).

  • If Buyer reasonably determines that Seller’s Security and Business Continuity Management Policy and/or such policy’s implementation is/are insufficient to protect Buyer’s property and/or interests, Buyer may give Seller notice of such determination.

  • The goal here is to find the ultimate cause of the problem and to prevent further issues.To manage a crisis or catastrophe, SwissSign has a Business Continuity Management plan.

  • Although it is clear that not all generation in the queues will be built, PJM has added capacity annually since 2000 (Table 12-1).9 Overall, 1,127 MW of nameplate capacity were added in PJM in 2013.

  • Credit Risk Management Committee (CRMC), Operational Risk & Business Continuity Management Committee (OR- BCMC) and Market Risk & Asset Liability Management Committee (MR-ALCO) support RMCB to facilitate effective execution of its responsibilities.

  • Major operational risk mitigation programmes include Business Continuity Management and Global Insurance Programme.


More Definitions of Business Continuity Management

Business Continuity Management means a whole-of-business approach that includes policies, standards, and procedures for ensuring that specified operations can be maintained or recovered in a timely fashion in the event of a disruption. Its purpose is to minimise the operational, financial, legal, reputational and other material consequences arising from a disruption.
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Business Continuity Management means the process of planning and implementing measures to ensure that essential business operations can continue in the event of a disruption, such as a natural disaster, cyber-attack, or other crisis;
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Business Continuity Management. A business continuity management process is in place to counteract the risk of interruptions to business activities arising from the effects of major failures of systems or disasters. · Audit and testing: Security systems are subjected to regular testing and review to ensure their effectiveness and periodic audit to ensure their continuing suitability. We would be happy to participate in any additional auditing required by the Authority. · Data Protection: LGC complies with Data Protection Act. We have an appointed Data Protection officer to monitor compliance and are appropriately registered. A copy of our current Security Plan is attached. ; last updated March 2011 to include further detail on: · Physical and environmental security · Security of exhibits in transit · Handling of direct enquiries · Storage and disposal of information and · Training Version 005 001 08/05/08 KPM Issue 1 002 003 004 005 13/02/09 03/03/10 31/08/10 25/03/11 KPM SMS SMS PDH Issue 2 – revised to accommodate new HMG Security Policy Framework Issue 3 – Updated for ISO 9000 compliance Issue 4 - Amended to include Head of Security and Environment Role Issue 5 – amended to add transportation of information and exhibits, integrity of exhibits, handling of direct enquiries and storage and disposal of information media
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Business Continuity Management means a management and governance process supported by Supplier’s senior management and resourced to ensure identification risks of disruption to its supply of product or service, maintenance of viable recovery strategies and plans, and continuity of products/services.
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Related to Business Continuity Management

  • Business Continuity Plan means any plan prepared pursuant to clause H5.6, as may be amended from time to time.

  • Quality Management Plan means the portion of the Project Development Plan providing the information requested in Section 4.3 of Exhibit B to the ITP.

  • Security Management Plan means the Supplier's security management plan prepared pursuant to paragraph 3 of schedule 2 an outline of which is set out in paragraph 2.7 of the Order Form as updated from time to time;

  • Business Continuity and Disaster Recovery Plan means the Schedule containing plans and provisions for business continuity and disaster recovery.

  • disaster management means a continuous and integrated process of planning, organising, coordinating and implementing measures which are necessary or expedient for—

  • Management Plan means a plan to manage the activities and protect the special value or values in an Antarctic Specially Protected Area or an Antarctic Specially Managed Area.

  • Project Management Plan means the portion of the Project Development Plan providing the information requested in Section 4.2 of Exhibit B to the ITP.

  • Change Management means the add-on module to the Programs that enables engineers to define network changes through one or more configuration templates. Those network changes can be applied to multiple devices and executed/rolled back automatically. The Change Management module enables engineers to verify the impact of the changes across the network to help ensure a safer change process.

  • Key Management Personnel means persons having authority and responsibility for planning, directing and controlling the activities of the Company, directly or indirectly, including any Director (whether executive or otherwise) of the Company;

  • Procurement Management means the Director of Lee County’s Procurement Management Department or designee.

  • Safety Management System means a systematic approach to managing safety, including the necessary organisational structures, accountabilities, policies and procedures;

  • Quality Management System means a set of interrelated or interacting elements that organisations use to direct and control how quality policies are implemented and quality objectives are achieved;

  • PJM Management means the officers, executives, supervisors and employee managers of PJM.

  • Drug therapy management means the review of a drug therapy regimen of a patient by one or more pharmacists for the purpose of evaluating and rendering advice to one or more practitioners regarding adjustment of the regimen.

  • Emergency management means lessening the effects of, preparations for, operations during, and recovery from natural, technological or human-caused disasters. These actions are broad in scope and include, but are not limited to: disaster plans, mitigation, preparedness, response, warning, emergency operations, training, exercising, research, rehabilitation, and recovery activities.

  • Medically Necessary Services means those covered services that are, under the terms and conditions of the contract, determined through contractor utilization management to be:

  • Nutrient management plan means a plan developed or approved by the Department of Conservation and Recreation that requires proper storage, treatment and management of poultry waste, including dry litter, and limits accumulation of excess nutrients in soils and leaching or discharge of nutrients into state waters.

  • Vocational rehabilitation services means the unit of vocational rehabilitation established in IC 12-12-1-2(2) as a unit of the rehabilitation services bureau in DDRS.

  • Business Centre means each of the places so specified in the relevant Pricing Supplement.

  • risk management plan ’ means a risk management plan submitted to the Ad- ministrator by an owner or operator of a stationary source under subparagraph (B)(iii).

  • Financial Services Business for purposes of this Unit Agreement shall mean the business of banking, including deposit, credit, trust and investment services, mortgage banking, asset management, and brokerage and investment banking services.

  • Rehabilitation services means face-to-face individual or group services provided by qualified staff to develop skill necessary to perform activities of daily living and successful integration into community life.

  • Load Management means a Demand Resource (“DR”) as defined in the Reliability Assurance Agreement.

  • Home health aide services means the personal care and maintenance activities provided to individuals for the purpose of promoting normal standards of health and hygiene.

  • Project Management Consultant means --------------Not Applicable --------------

  • Adaptive management means reliance on scientific methods to test the results of actions taken so that the management and related policy can be changed promptly and appropriately.