Discussion Post
Contingency planning is a risk mitigation process for developing back-up plans in anticipation of events (scenarios) that might disrupt ‘business as usual'. Business continuity planning is an expanded version of contingency planning that typically encompasses a more comprehensive and extended response plan for getting back to ‘business as usual'. In a well-formatted, highly-detailed research paper, address the need to contingency planning, ensuring to address the following items:
(i) Benefits of scenario events/planning. (ii) Questions to consider when implementing scenario planning. (iii) The common types of scenario planning.
The response must include a reference list. One-inch margins, double-space, Using Times New Roman 12 pnt font and APA style of writing and citations.