Business Continuity Planning Options
Business Continuity Planning Options : "Once critical functions and risks to those functions are identified, planners have three options: (1) Avoid a risk, typically through redundancy. (2) Mitigate a risk by implementation of 'work-arounds'. (3) Absorb the risk. The decision to avoid, mitigate, or absorb is a management decision. The planner makes recommendations based on cost vs. effectiveness and efficiency". (Glenn, What is BC Planning, 2002)