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3 Cards in this Set
- Front
- Back
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Contingency planning defined?
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Planning to mitigate the impacts of risk events, variances and faliures by making secondary plans incase something goes wrong or the orignal plan fails.
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Role of Contingency plannig? It is important because...
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Many risks cannot be completely eliminated,
Risks may be low priority but high impact, Risk mitigation is more effective when proactive than reactive. |
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In crises level contingencies, immediate amergency response plans will be linked to?
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More comprehensive plans, such as:
To maintain business continuity and, To begin disaster recovery. |
