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risk management

risk management

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Published by ikrudis
risk management
risk management

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Categories:Types, Business/Law
Published by: ikrudis on Jan 23, 2013
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04/21/2014

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ITSCM: Stage 1 Initiation

Initiate BCM

Allocate
Resources

Policy
Setting

Specify terms of
reference and scope

Agree project and
quality plans

Define the project
organization and control
Structure.

A well planned project initiation enables ITSCM work to proceed smoothly
with the necessary sponsorship and awareness, with all contributing members
of the organization aware of their responsibilities and commitment.

Policy setting – should be established and communicated ASAP so all

member of the organization BCM issues are aware of their responsibilities to

comply and support ITSCM. As a minimum the policy should set out

management intention and objectives.

Specify terms of reference and scope – inc. defining scope and

responsibilities of managers and staff, and work methods. Also covers risk

assessment, BIA and the ‘command and control’ structure required to support

business interruption. Other issues to consider are; outstanding audit issues,

regulatory, insurance or client requirements and compliance with other

standards such as BS7999 (Security Management) or ISO 20000.

Allocate Resources – effective BCM and ITSCM requires considerable

resource in terms of money and manpower. Depending on the maturity of the

organization, external consultants may be required to assist with BIA etc.

Define the project org control structure – It is advisable to use a standard

project planning methodology such as PRINCE 2 complemented with project-

planning tool. The appointment of an experienced project manager who

reports to a steering committee and guides the work groups is the key to

success.

The Art of Service

Email: service@theartofservice.com | Web: http://theartofservice.com | eLearning: http://theartofservice.org
Phone: +61 (0)7 3252 2055 | Brisbane, Australia

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