Contingency Planning To Ensure Business-As-Usual

Abstract

In this paper, we will discuss a contingency plan and its effectiveness in an organization. Planning for contingencies will provision Business-As-Usual for an organization during the events that threaten the execution of critical business processes. Since formulating a Contingency Plan can be expensive for a larger organization, we will also be looking into the benefits of a continuity plan to push the organizations to invest in defining the strategy. We will also review some of the types of planning available for organizations to mitigate risks when it occurs.