Business Continuity Plan
- Purpose
The Business Continuity Plan (BCP) ensures Melrose Labs can continue operations during and after a disruption, minimising impact on services and stakeholders. - Scope
Applies to all critical business functions, IT systems, infrastructure, and personnel responsible for service delivery. - Business Impact Analysis (BIA)
• Identifies critical systems and processes.
• Assesses risks and potential impact of disruptions.
• Defines Recovery Time Objectives (RTO) and Recovery Point Objectives (RPO). - Business Continuity Strategies
• Data and System Redundancy: Offsite backups, cloud replication, and failover mechanisms.
• Alternative Work Arrangements: Remote work capabilities for key staff.
• Incident Response and Escalation: Clear procedures for assessing incidents and activating the BCP. - Incident Response Plan
• Activation Criteria: BCP is triggered when disruption affects critical business functions.
• Communication Plan: Stakeholder notifications, media handling, and status updates.
• Roles & Responsibilities: Defined roles for leadership, IT, and operations teams. - Recovery Procedures
• IT and Data Recovery: Restore services in priority order based on BIA.
• Facilities Recovery: If office space is unavailable, shift operations to secondary locations.
• Customer and Supplier Coordination: Ensure continued service through alternative providers if needed. - Testing & Maintenance
• Annual BCP testing through simulations and tabletop exercises.
• Periodic reviews to update strategies based on new risks and business changes. - Compliance & Review
The BCP is reviewed annually or following major incidents to align with regulatory requirements and industry best practices.
Updated 3 days ago