The Risk Management Resiliency Program (RMRP) objective is to establish a business- resiliency framework that helps provide an efficient response to business-interruption events affecting Oracle. Business Continuity is a key sub-program of Oracle RMRP.
Corporate business continuity policy, standards, and practices are governed by the RMRP Program Management Office (PMO) and are generally aligned with International Standards Organization (ISO) 22301 Business Continuity Management Systems guidance.
Functional business continuity planning is managed by the Risk Manager within each Line of Business (LoB). The critical LoBs are required to conduct an annual review of their business continuity plan with the objective of maintaining operational recovery capability, reflecting changes to the risk environment as well as new or revised business processes. The RMRP program requires that critical LoB:
Non-critical LoBs are required to:
Following the review process, each LoB reports their business continuity status to the RMRP PMO. Using LoB inputs, the PMO constructs the Annual RMRP Scorecard Report and submits it to the program Executive Sponsor.