How Often Should Contingency Planning be Performed? Frequency

      
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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.
				      
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						            	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.
				                
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						            	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...
				                
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						            	Michael Norris
Director, United States
												
				                Optimal Frequency of Contingency Planning

													How often contingency planning should be performed depends upon the situation at hand:

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