Risk Assessment and Contingency Planning Essay

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Key challenge in any contingency planning and risk assessment process is to generate and maintain commitment and participation in the process from senior decision-makers and those at the working level within organizations, keeping the process dynamic and up-to-date is another key challenge, too often contingency plans and risk assessment processes have been 'consigned to the shelf' after the initial planning has been completed.

Therefore to be truly effective, contingency planning and risk assessment processes need to be seen as an ongoing processes that are regularly reviewed and updated to ensure all participants are familiarized with their various roles and responsibilities and preparedness actions are undertaken.

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Coordination mechanisms should be put in place to ensure that cluster/sector participants are also fully briefed to avoid wasting time 'reinventing the wheel'. Also ensure that organizations are committed to the contingency planning process from the outset and that the necessary resources, both human and financial, are provided and follow-up actions are taken......

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"Risk Assessment And Contingency Planning" (2011, July 03) Retrieved May 4, 2024, from
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"Risk Assessment And Contingency Planning" 03 July 2011. Web.4 May. 2024. <
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"Risk Assessment And Contingency Planning", 03 July 2011, Accessed.4 May. 2024,
https://www.aceyourpaper.com/essays/risk-assessment-contingency-planning-43067
   

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