The standard adopted a process approach, the “Plan-Do-Check-Act” (PDCA) methodology. It has be the same year and same engine size car you took it from also what ever mileage is on the used bcm you got would be the new mileage of your car. [6] Goh, Moh Heng (2008): Analyzing & Reviewing the Risk for Business Continuity Planning, 162 pages. Secondly, the direction and support needed to ensure that BCM efforts can be implemented and sustained. BCM is often related to Corporate Governance and Risk Management. As part of the training curriculum for BCM Institute, this is the BCM planning methodology and it is as shown in Figure 1. Processes and resources would need to be established to ensure the continued operation of these functions due to disruptions. Identify the interests of the organization and its key stakeholders. These strategies can be preventive or pre-emptive in nature. BCM’s rising importance and IT-based history have caused internal debates about who owns the BCM function and how BCM relates to a company’s existing risk management efforts. Categories: BC Management System, BCM Audit, BCM Institute, BCM Planning Process, Business Continuity Fundamentals, Business Continuity Management, Business Impact Analysis, Crisis Management, Disaster Recovery, Plan Development, Project Management, Recovery Strategy, Risk Analysis and Review, Testing and Exercising | The project to establish the BC Plan for the organization needs the approval from Executive Management at the onset and ongoing support thereafter till completion. Figure 3 presents each of the 6 BCM areas in a chronological sequence, from top to bottom, it should not be misconstrued that implementation of BCM should rigidly adhere to the same chronological sequence. Dr Goh is also the Managing Director of an Asia Pacific BCM consultancy firm. BCM Institute has trained more than 5000 professionals and certified over 2,000 professionals from 40 countries. I remember being summon by a large government agency (one of the strictest due diligence that I have encountered by a government body) regarding the fact that there are three other consultants in Singapore (and the organizations that they represent) that one can blatantly claim that they developed the SS540 (previously known as Technical Reference TR19). BCM SERVICES PTE LTD was incorporated on 13 November 1997 (Thursday) as a Exempt Private Company Limited by Shares in Singapore. What does BCM stand for in Sergeant? Only when you have crafted each statement within the standard and challenged every single word and it meaning can you then truly understand the meaning of any standard. Implementation of the recovery strategy should be supported by corresponding infrastructure, training of recovery personnel and establishing the associated recovery processes. Welcome to Bible College of Malaysia . If an organization is certifying itself to the BCMS SS540:2008, they should be in the “Programme Management” phase as the BCP project should be long over. [2] BCM SS540 (2009). Examples of risks due to internal operations include malfunction of critical manufacturing processes, failure of Information Technology (IT) systems and fire which destroys plant facilities. The key to achieving the balance lies in the organization consulting its stakeholders and establishing a set of ‘acceptable’ business behaviour and operations when a disruption occurred. Definition of Business Continuity and Disaster Recovery Terminologies, http://www.bcmpedia.org Based on the BCM planning methodology, a comparison is made with the SS540:2008 major BCM areas. BCM Institute’s courses are compliant with the international BCM Standards of ISO22301. Figure 2 show the correlations between the methodology and the BCM areas. This is reflected in the two areas of the BCM framework, namely Risk Analysis and Review and Business Impact Analysis. Singapore Standard for Business Continuity Management, http://www.ss540.org For example, the impact of a risk occurrence on production equipment and facilities need to be addressed as part of BCM. Bcm is a abbreviation meaning 'bare cool man' mainly used for describing things that are cool, it is a recently used word made by a few year 7s. An The 6 major BCM areas and also the four major BCM components form the BCM framework matrix which makes the SS540:2008 a comprehensive BCM standard. I have attended presentations over the last few years (both in Singapore and internationally) and heard comments that this is not a standard as it does not have a “Project Management” phase. Singapore. What does BCM stand for in Financial? It is important to note that the project management area is not part of the 6 BCM areas. ysong@bcm.edu Positions Professor Pharmacology and Chemical Biology Baylor College of Medicine Houston, TX US Faculty Senator Baylor College of Medicine Houston, Texas United States Member Dan L Duncan Comprehensive Cancer Center Baylor College of Medicine Houston, Texas United States Education Post-Doctoral Fellowship at University Of Illinois, Urbana-Champaign 01/2003 - Urbana, … 11 January @ 9:00 pm - 9 February @ 11:00 pm SMT . inter-agency task force was formed to formulate implementation strategies to enhance our corporate resilience through adopting the processes of Business Continuity Management.”. If such . Based on these potential loss impacts the organization would deliberate and select the appropriate strategy or strategies to safeguards its interests. What is the unique about SS540 is that the “Project Management” phase is not part of the Singapore Standard SS540:2008. The following Figure 1 summarizes the preceding BCM discussion in a matrix format. The BCM GRC Ltd cable channel system includes all the channels, lids, stakes, brackets and accessories that are required on a modern railway network. In short, BCM is an ongoing management process employ by organizations to identify potential impacts and establish the necessary arrangements and plans to maintain their BC capability. Organizations have to face their external stakeholders it has to answer to include the authorities, shareholders and the public at large. This framework (Figure 2) divides into 6 broad BCM areas: The potential threats and risks to an organization can be uncovered via a risk analysis and review of its internal operations and external operating environment. This Singapore Standard and its BCM framework is highly rigorous in its coverage of the BCM areas. Besides the writing the two national standards, he had authored nine business continuity management books, created the first Wikipedia for BC and disaster recovery www.BCMpedia.org. Proudly powered by WordPress | Theme: Yoko by Elmastudio, Business Continuity Planning (BCP) Community, Fundamental BCM Courses in Singapore Standard SS540, A Manager’s Guide to SS540 Singapore Standard for BCM, ISBN 978-981-05-4299-3. Glassfibre Reinforced Concrete (GRC) has been extensively used as permanent formwork for more than 30 years, and BCM GRC Ltd offer corrugated or flat options to suit all supporting beam design. Business Continuity aims to safeguard the interests of an organization and its key stakeholders by protecting its critical business functions against predetermined disruptions. In 2013, BCM Institute was certified ISO22301 BCMS by DNV and award the National BCM Award by Singapore Business Federation (SBF). Tue 12 [BL-CM-5] RUN 1. This paper starts with a history of the standard implementation, an introduction to the concept of BCM and BC and summing up with the framework within the SS540:2008 standard. The BCM framework matrix provides a coverage which makes the SS540:2008 a comprehensive BCM standard. Top BCM abbreviation related to Sergeant: Band Corporal Major [5] Goh, Moh Heng (2008): Conducting Your Impact Analysis for Business Continuity Planning, 130 pages. It drives all the relays the control all the nice gadgets. Programme. Sergeant BCM abbreviation meaning defined here. Business Continuity (BC) is about the ability of an organization to operate its business in a manner that upholds its accountabilities to its customers, itself and its suppliers despite occurrence of events that disrupt its usual business activities in a significant fashion. For example, the risk of disruption of raw material supply and its impact on production needs to be addressed as part of BCM. For example, organizational policies direct BCM processes to support BCM on an ongoing basis. Tags: BCMS, BCP, Business Continuity, Disaster Recovery | SS54:2008 is a Singapore Standard for Business Continuity Management (BCM) that is being embraced by both the international and local businesses operating within Singapore. The reader may notice that this phase is not part of the standard. Further extension … [3] Goh, Moh Heng (2009): A Manger’s Guide to SS540 Singapore Standard for Business Continuity Management, 160 pages. BCM Institute continues to be certified via TUV-SUD for its ISO22301 certification till 2016 onward. The potential impacts of risks actually occurring to an organization and affecting its ability to achieve its business operation and service can be obtained by conducting a business impact analysis. It contains the BCM areas and the major BCM components. BCM Certification; BCM Institute Code of Ethics; Maintain My Credential ; Resilience Awards; Become a sponsor; Upcoming Courses. Policies underlie the process events and people involvement in BCM activities. [1] BCMpedia (2008). In succession of such chaos, disruption of critical operations may be prolonged and recovery may be delayed. Beginning with a handful of teachers and students in the new township of Petaling Jaya in 1960, we have seen the wonderful hand of the LORD’s mercy, grace and faithfulness as we grew steadily as a Bible college preparing men and women for ministry. Alignment of the BCM Planning Methodology with Singapore Standard SS540. This is the first continuation of the previous Blog “BCM Concept: BCM Planning Methodology.” The objective is to share how an organization can use a common planning methodology to implement its BC planning project or BCM programme and yet, be able to meet the respective international standards such as the Singapore … MAS Announces Further Extension of the US$60 Billion Swap Facility. Examples of risks due to external operating environment include terrorist attacks, floods, political turmoil and disruption of supply chain. BCM may refer to: Band Corporal Major, a warrant officer appointment in the bands of the British Household Cavalry. You can benefit from all of binary options gambling licence Singapore the following:. For example, outsourcing the risks to third parties or setting up of alternate facilities at another location would be efforts towards preventing and pre-empting potential loss impact. BCM Entertainment, Inc. has 3 total employees across all of its locations and generates $197,176 in sales (USD). For example, the implications of selecting a particular recovery strategy should be linked to the corresponding policies set forth by Executive Management. For example, a BCM steering committee comprising representatives from various business units and headed by a member of Executive Management should be established to oversee BCM efforts in the organization. (Source: SS540 Singapore Standard on Business Continuity Management - SS 540:2008) 5. This invariably requires a good understanding and application of available technology and equipment, and physical facilities to respond to risk occurrences. He can be contacted at moh_heng@bcm-institute.org. Deputy Prime Minister and Coordinating Minister for National Security. In addition, BCM efforts go towards reducing the risks and their impacts on staff in the organization. The BCM is an innovative analysis system that enables fast, accurate and non-invasive fluid status monitoring. Business functions supporting value creating activities would have to be identified. Risks are inherently present in decisions and activities in organizations. Richard Long. [7] Goh, Moh Heng (2005): Developing Recovery Strategy for Your Business Continuity Plan, 104 pages. What alternate methods of operations for the delivery of its products and services least inconvenienced its customers? Business Continuity Management Institute (BCM Institute) Glossary in Wiki (Version 1.0) or BCMpedia provides Business Continuity (BC), Crisis Management (CM), Crisis Communication (CC), BCM Audit and Disaster Recovery (DR), Professional with definitions that help to reduce confusion, thus promoting a common understanding and interpretation when implementing the BCM planning process. Such BC planning brings the organization a step closer to answer the question – “Is your organization ready for an event that would disrupt your usual business activities in a significant fashion?” Alternatively, “Is your organization BC Ready?”. What does BCM mean? READ MORE . A holistic management process that identifies potential impacts which threaten an organization and provides a framework for building resilience and the capability for an effective response that safeguards the interests of its key stakeholders, reputation, brand and value creating activities. Dr Goh Moh Heng is the Managing Director of GMH Continuity Architects and President of Business Continuity Management (BCM) Institute. The standard was guided by the Business Continuity Management (BCM) Council and supported by the BCM Technical Committee to develop the Technical Reference. Permanent Formwork. This is the first continuation of the previous Blog “BCM Concept: BCM Planning Methodology.” The objective is to share how an organization can use a common planning methodology to implement its BC planning project or BCM programme and yet, be able to meet the respective international standards such as the Singapore Standard SS540:2008. Product Recall Preparedness – Key Considerations. The organization should allocate resources to support critical business functions against risk events. Potential disruptions to the interests of these stakeholders would have to be identified, pre-empted or kept to a minimum. He is the author of nine business continuity management books. From the above definition of BCM, BC seeks to ensure the following concerns are managed on a perennial basis. Overall Tests and exercises validate if the BC Plan indeed meet its recovery objectives. The Company principal activity is in … The good ending was they caved in and later replied that they “participated” in o or two of the national standard technical committee meetings when they were told to clarify to this government agency. The TR19 was subsequently reviewed and published as the Singapore Standard for BCM and was it officially launched on 31st October 2008. Business Continuity Management (BCM) is defined as a holistic management process that identifies potential impacts which threaten an organization and provides a framework for building resilience and the capability for an effective response that safeguards the interests of its key stakeholders, reputation, brand and value creating activities (SS540:2008). An established BC Plan should be subject to verification via Tests and exercises. Corporate governance has been variously defined. It checks if staff in the organization are familiar with recovery procedures. SS54:2008 is a Singapore Standard for Business Continuity Management (BCM) that is being embraced by both the international and local businesses operating within Singapore. BCM is listed in the World's largest and most authoritative dictionary database of abbreviations and acronyms BCM is listed in the World's largest and most authoritative dictionary database of abbreviations and acronyms This set of behaviour and operations then form the critical objectives which the organization should attain as it responds to a disruption. It examines if the resources committed are accessible, available and adequate for undertaking the recovery efficiently and effectively. In particular, for the BCM areas of Risk Analysis and Review and Business Impact Analysis, individual organizations may choose to alter the sequence. Figure 2: Main BCM Area of SS540:2008 being mapped against the BCM Planning Methodology. You can down the image file in PNG format for offline use or send it to your friends by email. Business continuity management implementation for small and medium-sized enterprise. For example, by specifying the BC roles and responsibilities of staff in the BC Plan the organization is better adapt to respond to occurrence of risks. In terms of the BCM framework above, the policies and procedures established in each of the 7 broad areas serve as rules and procedures to direct and control decision making for an organization’s BC efforts. The project was initiated by Economic Development Board (EDB) with the collaboration of Singapore Business Federation (SBF) and SPRING in 2004. Bus Contracting Model (BCM) is a bus industry contracting model introduced by the Land Transport Authority (LTA), Singapore. 4 January @ 2:00 pm - 8 February @ 4:00 pm SMT . For example, the health risk associated with handling of hazardous materials needs to be addressed as part of BCM. The 6 major BCM areas and also the four major BCM components form the BCM framework matrix which makes the SS540:2008 a … There is a strong correlation between this two areas and it should be clear demarked to its relationship. For example, changes to keep the BC Plan current should be controlled and documented in a formal manner. If you are a webmaster of non-commercial website, please feel free to publish the image of BCM … SGX is a member of the World Federation of Exchanges and the Asian and Oceanian Stock Exchanges Federation. TMF Group is a leading global provider of financial and business compliance services helping companies of all sizes to grow their operations and expand internationally. [11] Goh, Moh Heng (2006): Developing Your Pandemic Influenza Business Continuity Plan, 128 pages Meaning; BCM: Body Control Module: BCM: Business Communications Manager (Nortel) BCM: Business Continuity Management An overview of the each BCM area cross referencing to its major component is elaborated in detail. Richard Long is one of MHA’s practice team leaders for Technology and Disaster Recovery related engagements. While the management of risk encompasses the whole spectrum ranging from risk identification, assessment, treatment, monitor and review, BCM focuses only on those risks that affect its BC interests and associated critical business functions supporting these interests. BCM Implementation for Organizations using the Singapore Standard SS54... http://www.gmhasia.com/wp-content/uploads/2014/12/Singapore-Flag.jpg, http://www.gmhasia.com/wp-content/uploads/2014/12/GMH-Logo-Updated-24Aug2010-copy-300x155.png, BCM Implementation for Organizations using the Singapore Standard SS540:2008, © 1999 -2015 Copyright - GMH Continuity Architects. In addition, BCM efforts go towards reducing the risks and their impacts on the operation processes in the organization. Permalink. The reason is that the BC project is completed when it is due for certification by the organization and hence, this phase Project management is omitted from the SS540:2008.

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