WEEK 1: THE RATIONALE
FOR CONTINGENCY
PLANNING
44 unread replies.6363 replies.
Assess the relationship between technology and competitive advantage in
today's economy. Analyze the important of risk considerations in risk
management, disaster recovery, and contingency planning.
This topic was locked Sep 6 at 11:59pm.
View Instructor posts View My Posts Search entries or author Filter replies by
unread
Unread Collapse replies Expand replies
• Subscribe
Collapse SubdiscussionMinh Hien Nguyen Thi
MINH HIEN NGUYEN THI
Aug 24, 2020Aug 24 at
8:51pm Manage Discussion
Entry
Information system is a vital part of any businesses in today society.
Contingency planning should be personalized to each system and provide
proactive, preventive measure and strategies to each organization.
Therefore in such a plan, we need to consider the types of information,
how it is integrated, what are the availability requirement and how the
system will impact the business. How do we even start with contingency
planning process? What are the objectives of contingency planning? How
do we categorize risk level? Please jump in, class.
o
Collapse SubdiscussionRussell Rosen
RUSSELL ROSEN
Aug 30, 2020Aug 30 at
9:15pm Manage Discussion
Entry
Hello Professor and Class,
The contingency planning process can be started with a Risk assessment
,such as the threat level model. This will allow for all vulnerable assets to
be identified and quantifies the field of concern. The objectives of
contingency planning are to ensure
, that when an event occurs that cannot be predicted accurately
("contingency - Google Search", 2020)that there is a response to that
event that will allow for business continuity. The Risk level can be
categorized based residual risk of a vulnerability and how big of an
impact it will have on the business if that risk is exploited.
contigency - Google Search. (2020). Retrieved 31
August 2020, from https://www.google.com/search?
q=contigency&rlz=1C1CHZO_enUS903US903&oq=contigency&aqs=chro
me..69i57j 0l7.1758j0j7&sourceid=chrome&ie=UTF-8 (Links to an
external site.)
Edited by Russell Rosen on Aug 30 at 9:15pm
▪
Collapse SubdiscussionAdefunke Bada
ADEFUNKE BADA
Sep 1, 2020Sep 1 at
8:41am Manage Discussion
Entry
Hello Russell, in addition to your post.
A contingency plan is a course of action that helps an organization
mitigate harm and improve safety and security. These plans are designed
to be acted upon during forms of crisis, be they something as common as
a power outage, or something as potentially devastating as a natural
disaster or workplace incident. A plan can take you from panic to
successful mitigation and offer a simple yet effective way to get back on
your feet should something go bad and create a crisis. The benefits of a
good contingency plan are, increased awareness, improve peace of mind,
prevent panic, and of course minimize and organization's loss. A good
contingency plan will prevent your business from failing or going
bankrupt when unexpected events occur. To create an effective CP, an
organization should involve many people in the organization in the plan
development. It is also helpful to keep the DP simple. When the
organization develops a contingency plan, make sure to use simple, plain
language. the plan should be written by assuming you won’t know when
the plan will be used, or who will read and implement it when it's needed.
For the same reason, use job titles or roles instead of names when you
define people's responsibilities.
, The CP should be reviewed and revised on a regular basis, as risks change
and evolve over time.
FOR CONTINGENCY
PLANNING
44 unread replies.6363 replies.
Assess the relationship between technology and competitive advantage in
today's economy. Analyze the important of risk considerations in risk
management, disaster recovery, and contingency planning.
This topic was locked Sep 6 at 11:59pm.
View Instructor posts View My Posts Search entries or author Filter replies by
unread
Unread Collapse replies Expand replies
• Subscribe
Collapse SubdiscussionMinh Hien Nguyen Thi
MINH HIEN NGUYEN THI
Aug 24, 2020Aug 24 at
8:51pm Manage Discussion
Entry
Information system is a vital part of any businesses in today society.
Contingency planning should be personalized to each system and provide
proactive, preventive measure and strategies to each organization.
Therefore in such a plan, we need to consider the types of information,
how it is integrated, what are the availability requirement and how the
system will impact the business. How do we even start with contingency
planning process? What are the objectives of contingency planning? How
do we categorize risk level? Please jump in, class.
o
Collapse SubdiscussionRussell Rosen
RUSSELL ROSEN
Aug 30, 2020Aug 30 at
9:15pm Manage Discussion
Entry
Hello Professor and Class,
The contingency planning process can be started with a Risk assessment
,such as the threat level model. This will allow for all vulnerable assets to
be identified and quantifies the field of concern. The objectives of
contingency planning are to ensure
, that when an event occurs that cannot be predicted accurately
("contingency - Google Search", 2020)that there is a response to that
event that will allow for business continuity. The Risk level can be
categorized based residual risk of a vulnerability and how big of an
impact it will have on the business if that risk is exploited.
contigency - Google Search. (2020). Retrieved 31
August 2020, from https://www.google.com/search?
q=contigency&rlz=1C1CHZO_enUS903US903&oq=contigency&aqs=chro
me..69i57j 0l7.1758j0j7&sourceid=chrome&ie=UTF-8 (Links to an
external site.)
Edited by Russell Rosen on Aug 30 at 9:15pm
▪
Collapse SubdiscussionAdefunke Bada
ADEFUNKE BADA
Sep 1, 2020Sep 1 at
8:41am Manage Discussion
Entry
Hello Russell, in addition to your post.
A contingency plan is a course of action that helps an organization
mitigate harm and improve safety and security. These plans are designed
to be acted upon during forms of crisis, be they something as common as
a power outage, or something as potentially devastating as a natural
disaster or workplace incident. A plan can take you from panic to
successful mitigation and offer a simple yet effective way to get back on
your feet should something go bad and create a crisis. The benefits of a
good contingency plan are, increased awareness, improve peace of mind,
prevent panic, and of course minimize and organization's loss. A good
contingency plan will prevent your business from failing or going
bankrupt when unexpected events occur. To create an effective CP, an
organization should involve many people in the organization in the plan
development. It is also helpful to keep the DP simple. When the
organization develops a contingency plan, make sure to use simple, plain
language. the plan should be written by assuming you won’t know when
the plan will be used, or who will read and implement it when it's needed.
For the same reason, use job titles or roles instead of names when you
define people's responsibilities.
, The CP should be reviewed and revised on a regular basis, as risks change
and evolve over time.
