SOLUTION: University of California Irvine Business Continuity Program Proposal Report

Attached. Please let me know if you have any questions or need revisions.BUSINESS CONTINUITY PROGRAM PROPOSALBusiness Continuity Program ProposalStudentProfessorCourseDate1BUSINESS CONTINUITY PROGRAM PROPOSAL2IntroductionTerrier Pharma’s operations are located in Boston, Switzerland, London, Singapore, LosAngeles, and BU’s Charles River Campus. It depends on its facilities, licensees, and suppliers forthe continued business operations. However, events such as weather-related situations, employeerelated disputes, and cyber-security data breaches can impact operations. To minimize the damageto the business by such occurrences, it is necessary to develop a Business Continuity Program(BCP). After assessing Terrier Pharma’s hazards and vulnerabilities, I developed the followingproposal that covers the objectives and scope of the plan, the project tasks and associateddeliverables, Terrier’s critical business functions and their associated risks, and a budget.Objectives and scope of the engagementThe function of a Business Continuity Program is to help ensure that Terrier’s critical businessfunctions are restored, maintained, or augmented to meet the set objectives. These objectivesinclude:•To identify procedures and arrangements that will enable Terrier Pharma to respondquickly and recover from emergencies event and to ensure the continuous performance ofcritical business functions;•To minimize any loss of life, employee injury, damage and losses;•To identify employees who may need to be relocated in the case of an emergency;•To mitigate and reduce disruptions to business operations;•To protect essential equipment, assets, facilities, and important records;•To identify teams who will respond to emergencies;BUSINESS CONTINUITY PROGRAM PROPOSAL•3To quantify the dollar impact of any kind of emergency and the impact in terms of theworkforce, products, services, and time;•To identify an alternative plan of action to mitigate and to minimize the impact of thedisaster and to decrease the company’s response time;•To provide support to Terrier Pharma’s 1500 employees and their families duringdisasters; and•To facilitate fast and effective decision-making that will ensure timely restoration ofTerrier’s operations.The Business Continuity Program is designed to address significant business disruptionsof varying scope. The scope of this engagement is to provide directions to the risk managementdepart…

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