It is also responsible for allocating adequate time and resources required in the development of an effective plan.Resources that management must allocate include both financial considerations and the effort of all personnel involved.
The following table categorizes some disasters and notes first response initiatives.
Note that whereas the sources of a disaster may be natural (for example, heavy rains) or man-made (for example, a broken dam), the results may be similar (flooding).
The recovery time objective is the time within which a business process must be restored, after a major incident (MI) has occurred, in order to avoid unacceptable consequences associated with a break in business continuity.
The recovery point objective (RPO) is the age of files that must be recovered from backup storage for normal operations to resume if a computer, system, or network goes down as a result of a MI.
Examples include stampedes, urban fires, industrial accidents, oil spills, nuclear explosions/nuclear radiation and acts of war.