Instituting policies and procedures to mitigate the effects of potential emergencies or disasters on an agency's operations and records Contingency planning is part of the continuity of operations planning required under Federal Preparedness Circulars and other guidance issued by the Federal Emergency Management Agency (FEMA) and Executive Order 12656 See also VITAL RECORDS
(p 210) The process of preparing alternative courses of action that may be used if the primary plans do not achieve the objectives of the organization
Planning to address unwanted occurrences that may happen at a later time Traditionally, the term has been used to refer to planning for the recovery of IT systems rather than entire business processes
The process of preparing alternative courses of action that may be used if the primary plans do not achieve the objectives of the organization
A process of reviewing an institution's various departments, business units, or functions and assessing each area in response to a system loss Plans are then developed to restore critical areas should they be affected by physical disasters, such as fires or flooding; environmental disasters, such as power failure or telecommunication failure
The development of a management plan that identifies alternative strategies to be used to ensure project success if specified risk events occur
The development of a management plan that uses alternative strategies to ensure project success if specified risk events occur
Contingency planning plans for the unexpected or for the possibility of circumstances changing Contingency plans are individual plans associated with individual projects or programs A contingency plan is never expected to be executed; as a result, situations in which attention to detail and the budget allocation are clearly inadequate guarantee failure if it is executed As with any plan, it is essential to agree the 'trigger(s)' that will result in the plan coming into force and the subsequent 'chain of command' that will take over during that period
Preparing to deal with calamities (e g , floods) and noncalamitous situations (e g , strikes) before they occur
Identifying aspects of a business or its environment that might entail changes in strategy