Explanation
A BCP is a document that outlines the processes and procedures to maintain or resume critical business functions and minimize the impact of a disruption on the organization's objectives, customers, and stakeholders. A BCP should be reviewed and updated regularly to reflect the changes in the organization's environment, risks, resources, and requirements. An outdated BCP may result in less efficient recovery if an actual incident occurs, as it may not account for the current situation, dependencies, priorities, or recovery strategies. This may lead to increased downtime, losses, or damages for the organization.
References = CISM Review Manual 2022, page 3101; CISM Exam Content Outline, Domain 4, Knowledge Statement 4.82; CISM 2020: Business Continuity3; Part Two: Business Continuity and Disaster Recovery Plans