Contingency Planning
Contingency planning is a risk mitigation process for developing back-up plans in anticipation of events (scenarios) that might disrupt ‘business as usual’. Business continuity planning is an expanded version of contingency planning that typically encompasses a more comprehensive and extended response plan for getting back to ‘business as usual’. In a well-formatted, highly-detailed research paper, address the need to contingency planning, ensuring to address the following items:
(1) Benefits of scenario events/planning.
(2) Questions to consider when implementing scenario planning.
(3) The common types of scenario planning.
Your paper should meet the following requirements:
Requirements: .doc file
Ajayi, E. F. G.. (2016). Review Challenges to enforcement of cyber-crimes laws and policy. Journal of Internet and Information Systems, 6(1), 1-12.10.5897/JIIS2015.0089
Wang, H.-M. (2003). Contingency planning: emergency preparedness for terrorist attacks. IEEE 37th Annual 2003 International Carnahan Conference OnSecurity Technology, 2003. Proceedings., Security Technology, 2003. Proceedings. IEEE 37th Annual 2003 International Carnahan Conference on, Security Technology, 535–543. https://doi.org/10.1109/CCST.
Answer preview
The advancement of human civilization has made life more predictable by minimizing the extent to which people are exposed to certain risks. Despite the best efforts, however, it is not entirely possible to rule out unexpected adverse events. Developments in social, political, economic, and even technological realms often result in the emergence of new challenges. They may even provide pathways for older threats to morph into newer and deadlier forms. Therefore, contingency planning is a necessary risk mitigation process for people to fall back to whenever disruptive adverse events occur to preserve a certain degree of normalcy amidst the chaos and provide a mechanism for attaining continuity. This paper discusses contingency planning’s significance in the business sphere and highlights some of the most common types of scenario planning.
1328 words