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Developing a Plan
Identifying a starting point, determining what is needed, deciding what to cover and how much to spend are all problems that face management when they initiate a recovery plan. To address these issues and to ensure that the most cost effective and appropriate path for a solution is developed, a structured process needs to be followed.
The process involves a series of steps: Risk Assessment, Business Impact Analysis, strategy development, building of the plan, and finally testing and ongoing maintenance of the plan.
Before any of these stepd can be embarked upon, it is critical that management buy-in and commitment is obtained. Leadership from the top is crucial to the success of the project.
A recovery plan is a living document. Therefore the plan must be kept updated and reflect the changes that take place as an organisation grows and develops.
If you would like more information or professional advice on plan development, please contact us.
