BCM meaning in oil and gas

BCM means Business Continuity Management. A holistic management process that identifies potential impacts that threaten an organization and provides a framework for building resilience with the capability for an…

Definition

Business Continuity Management

A holistic management process that identifies potential impacts that threaten an organization and provides a framework for building resilience with the capability for an effective response that safeguards the interests of its key stakeholders, reputation, brand and value creating activities. The management of recovery or continuity in the event of a disaster. Also the management of the overall program through training, rehearsals, and reviews, to ensure the plan stays current and up to date.

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