How Often Should Contingency Planning be Performed? Frequency

Crisis Management (Contingency Planning)
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Paramathmuni srinivas Kumar
India

How Often Should Contingency Planning be Performed? Frequency

Does shortening the frequency of contingency planning to say 2 to 4 weeks help in doing a better strategic planning job?
To enable this, using the feedback received from the first iteration in the second iteration might help in today's fast changing business environment.

  Luis Alcaraz
Manager, Mexico
 

Optimal Contingency Management Frequency

It depends on the probability of a contingency to happen, but I believe 2 to 4 weeks is a very short validity for a contingency plan.

  Paramathmuni srinivas Kumar
India
 

Effect of Technology and Communication on Frequency of Contingency Planning

Does the required rate of changing our contingency plan depend on the speed of communication that is happening today? Probably if 2 or 4 weeks is short by today's standards what happens if machines start communicating and perform an impact analysis every hour or half an hour duration? This technology is developing rapidly I do not think we are far off...

  Michael Norris
Director, United States
 

Optimal Frequency of Contingency Planning

How often contingency planning should be performed...

 

More on Crisis Management (Contingency Planning):
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Michael Norris
Director

Crisis Management (Contingency Planning)
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