In addition, there is also a need to define the assumptions that will prevail in the conduct of BCP.
How much will it cost to shift production from one product to another? Determine acceptable downtime for each critical function. What quality issues could arise if production is shifted or outsourced?
This is basically the estimate of the maximum duration or length of time that disrupted processes and functions must be recovered or restored, before the continuity of the business is seriously threatened.
For every critical function, process, service, or product, there should be corresponding continuity responses, measures or plans.
This will lead to a certain level of trust, which is likely to convert them into loyal, buying, customers. They would want their business to earn profits, and to continue operating profitably for an indefinite, but long period of time. Once all worksheets are completed, the worksheets can be tabulated to summarize: the operational and financial impacts resulting from the loss of individual business functions and process the point in time when loss of a function or process would result in the identified business impacts Those functions or processes with the highest potential operational and financial impacts become priorities for restoration.
But the term actually means more than what the words literally mean.