Contingency Plans in an Operational Plan
Posted by Maria Veneris in Mar, 2024
Contingency Plans Article written by Maria Veneris, 1 February 2024 What are contingency plans? A contingency plan is a backup plan that goes into effect if an unexpected event or situation disrupts the normal operations of a project or business unit. It helps to minimise the negative impacts of the disruption and ensure the continuity […]
Category: BSBOPS502
Business Contingency Plan
Posted by Flora Bouton in Aug, 2015
What is a Business contingency plan? A contingency plan is developed within the broader risk management plan and details a pre-researched course of action for management and staff to follow in an emergency or when an organization experiences an unexpected event that has the potential to affect the financial position, business image or market share […]
Category: BSBSMB406
Post Tagged with article, business continuity, contingency, contingency plan, contingency planning, disaster recovery, incident response, risk management, risks, SMB