We give a complete characterization of those $f:[0,1]\to X$ (where $X$ is a Banach space) which allow an equivalent $C^{1,\mathrm{BV}}$ parametrization (i.e., a $C^1$ parametrization whose derivative has bounded variation) or a parametrization with bounded convexity. Our results are new also for $X={ℝ}^n$. We present examples which show applicability of our characterizations. For example, we show that the $C^{1,\mathrm{BV}}$ and $C^2$ parametrization problems are equivalent for $X=ℝ$ but are not equivalent for $X={ℝ}^2$.