Business Continuity Plan Vs. Disaster Recovery Plan Term Paper

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Assurance

Models of business continuity and disaster recovery are important for the sustainability of a company, mainly because they shield a company from the many foreseeable and unforeseeable misfortunes that may affect the operation of a business. The business continuity plan refers to a road map used for the continuation of operations in the company during hostile conditions. A disaster recovery plan refers to a set of procedures set forth to protect or recover the business infrastructure in the occurrence of a disaster. This report compares the models in relation to the establishment and sustainability of a business after the occurrence of a disaster (Ward & Abreu, 2013).

Business continuity plan

This plan identifies a company's exposure to external and internal threats. It also creates soft and hard assets in order to provide effective recovery options for the company. They do this while still maintaining the value system integrity and competitive advantage of the organization.

For one to assess such a plan, one is required to identify and analyze assets that are related and are involved in the business.

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First, the Tropos Goal-risk model is used to analyze the risks associated with the business. Besides, the time dependency and recovery model captures the interdependencies among assets in a company in the realization of the business objectives (Edwards & Goodrich, 2011).

Disaster recovery plan

This plan is usually in a written form and stipulates the procedures that a company must follow in the event of a disaster. The disaster could be man-made, environmental, and natural. Man-made disasters could be unintentional or intentional based on the extent of human error. For example, terrorism is categorized as an intended disaster that forces (Ward & Abreu, 2013).

Comparison between the two models

The two models are correlated in some way. First, both models require periodic reviews at least yearly for consistency. The models should be adjusted as the business expands and changes. The two models require the….....

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