Each critical business function or process has a level of impact on an organization and its dependency to the other functions.
Based on the data and recovery requirements of each function, there is a need for a viable recovery option based on a company’s Business Impact Analysis data.
There are three basic recovery options to consider:
As Needed: As needed options often take longer to implement after a business disruption and commonly cost more. However the overall cost can still end up lower than other recovery option prices.
Prearranged: The prearranged recovery option involves making arrangements in advance. An example of this can usually involve an agreement with a vendor to supply required systems, products, or services within an agreed upon timeframe after a business disruption.
Pre-established: Preestablished options are those that are purchased, configured, and administered before a disruption occurs. Each critical business function may use a different recovery option.
After a list of recovery requirements and options has been developed, the recovery time of each option can be determined.