Risk Management Resiliency Program (RMRP)
Oracle Risk Management Resiliency Policy
Oracle’s risk management resiliency policy defines requirements and standards for all Oracle Lines of Business (LOBs) plans for and response to business disruption events. It also specifies the functional roles and responsibilities required to create, maintain, test, and evaluate business continuity capability across LOBs and geographies. It authorizes a centralized Risk Management Resilience Program (RMPR) Program Management Office (PMO) and defines the compliance oversight responsiblies for the program. The policy mandates an annual operational cycle for planning, evaluation, training, validation and executive approvals for critical business operations.
Risk Management Resiliency Program
The Risk Management Resiliency Program (RMRP) objective is to establish a business-resiliency framework to help provide an efficient responses to business interruption events affecting Oracle’s operations.
The RMRP is comprised of several sub-programs: emergency response to unplanned and emergent events, crisis management of serious incidents, technology disaster recovery and business-continuity management. The goal of the program is to minimize negative impacts to Oracle and maintain critical business processes until regular operating conditions are restored. Each of these subprograms is a uniquely diverse discipline. Consolidation of these subprograms enables a robust collaborative and communicative system.
Oracle’s RMRP is designed to engage multiple aspects of emergency management and business continuity from the onset of an event and to leverage various teams, technology and personnel based on the needs of the situation.
The RMRP is implemented and managed locally, regionally, and globally. The RMRP program management office provides executive reporting on program activities and status across the Lines of Business.