ISO-22301-Lead-Auditor Exam Dumps : PECB Certified ISO 22301 Lead Auditor Exam

Policy formulation is the BCMS process that is used to develop a business continuity policy that sets out an operating framework. According to ISO 22301, the organization shall establish a business continuity policy that is appropriate to the purpose and context of the organization and provides a framework for setting business continuity objectives. The policy shall also demonstrate top management’s commitment to the BCMS and its continual improvement1. The policy formulation process involves the following steps2:

• Define the scope and objectives of the policy
• Identify the relevant internal and external issues and requirements
• Analyze the current state of the BCMS and the gaps to be addressed
• Draft the policy statement and the key principles and guidelines
• Review and approve the policy by the top management
• Communicate and distribute the policy to the relevant stakeholders
• Monitor and update the policy as needed References:
• ISO 22301:2019, clause 5.3
• ISO 22301 Auditing eBook, page 24

Business continuity can be integrated into two levels of the organization’s activities: management and processes. According to the ISO 22301 Auditing eBook, "Business continuity integration is the process of embedding business continuity principles and practices into the organization’s culture, values, and operations. Business continuity integration aims to ensure that business continuity is not seen as a separate function or project, but as an integral part of the organization’s management and processes."1

Business continuity integration at the management level involves the following aspects1:

• Leadership and commitment: The top management of the organization should demonstrate leadership and commitment to the business continuity management system (BCMS) by establishing the business continuity policy, objectives, and roles, as well as providing the necessary resources and support for the BCMS.
• Planning and strategy: The organization should plan and develop its business continuity strategy and objectives based on the results of the business impact analysis and risk assessment, as well as the needs and expectations of the interested parties. The organization should also plan the actions to address the risks and opportunities related to the BCMS, as well as the changes that may affect the BCMS.
• Monitoring and evaluation: The organization should monitor and measure the performance and effectiveness of the BCMS, as well as the compliance with the requirements and expectations of the interested parties. The organization should also conduct internal and external audits, management reviews, and corrective actions to evaluate and improve the BCMS.
• Continual improvement: The organization should continually improve the suitability, adequacy, and effectiveness of the BCMS by identifying and implementing opportunities for enhancement and innovation.

Business continuity integration at the process level involves the following aspects1:

• Process identification and analysis: The organization should identify and analyze its processes and their interactions, as well as their criticality, dependencies, and recovery priorities. The organization should also determine the minimum business continuity objectives (MBCOs), recovery time objectives (RTOs), and recovery point objectives (RPOs) for each process.
• Process design and implementation: The organization should design and implement its processes in accordance with the business continuity strategy and objectives, as well as the requirements and expectations of the interested parties. The organization should also establish and maintain the business continuity plans and procedures that specify the actions and responsibilities for responding to and recovering from disruptive incidents.
• Process control and operation: The organization should control and operate its processes in a consistent and effective manner, as well as ensure the availability and reliability of the resources and assets that support the processes. The organization should also conduct exercises and tests to verify and validate the functionality and operability of the processes and the business continuity plans and procedures.
• Process improvement and optimization: The organization should improve and optimize its processes by applying the PDCA cycle and the process approach principles. The organization should also seek to enhance the resilience and adaptability of its processes to cope with changing circumstances and needs.

References:

• ISO 22301 Auditing eBook, Chapter 3: Business Continuity Integration, Section 3.1: Business Continuity Integration Levels1
• ISO 22301:2019 - Security and resilience — Business continuity management systems — Requirements2

Business continuity objectives are the objectives that take the form of targets to enhance organizational resilience, as defined by ISO 22301. Business continuity objectives are derived from the business continuity policy and the results of the business impact analysis (BIA) and risk assessment (RA). Business continuity objectives are measurable, consistent, and relevant to the organization’s business continuity requirements and strategies. Business continuity objectives are also aligned with the organization’s strategic direction and communicated to all relevant parties. Business continuity objectives are one of the key requirements of ISO 22301, as they provide the basis for planning, implementing, monitoring, reviewing, and improving the business continuity management system (BCMS). References: ISO 22301 Auditing eBook, page 28 1; ISO 22301:2019, clause 6.2 2