Tactical planning involves determining the steps a business must take to reach the objectives developed through strategic planning. Contingency planning involves planning what a business will do if ...

Contingency planning and crisis management are not conflicting concepts but instead work in tandem. Contingency planning is the process of preparing for potential emergencies, while crisis management ...

The pause in our daily routines initiated by the coronavirus pandemic has created severe challenges. It has also provided an opportunity to assess the effectiveness of your contingency plan and how ...

A disaster recovery plan is like insurance—you’re glad you have it, but you hope you never need it. With automobile insurance, you pay a regular fee so that you are covered if you have an accident. In ...

Construction risk management is a process of identifying and evaluating the unique risks that each project presents. Crucial to the evaluation is developing methods to mitigate the impact of risks to ...

The United States has a poor record at both anticipating foreign crises and planning for them. To improve U.S. readiness for crises that are both plausible in the short- to medium-term and likely to ...