By Kenneth L. Fulmer, Philip Jan Rothstein
Aimed toward small and medium-sized businesses, this easy-to-use, step by step advisor presents the elemental details to allow agencies to begin the improvement in their plans within the "classical" company continuity making plans demeanour.
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Additional info for Business Continuity Planning: A Step-by-Step Guide with Planning Forms
The argument for a lower cost for a bigger bridge was that construction techniques for such bridges are better known, require less qualified workers and some materials are less expensive. In the end, the final estimated cost was E396 m and not only did the contractor accept it, but actually did better (E394m). We’ll come back to this point later on. It is much more difficult to oppose arguments and compare costs when economic and ecological impacts are studied. This is due, in part, to separations that are usually followed in studies between some types of decision consequences: technical, socio-economic and ecological.
When the set of objects is finite or denumerable, the existence of a criterion is obvious: any one-to-one function from the set of objects to a set of numbers with the same cardinal is a criterion. 2 It must be clear that such a representation by a numerical function is not unique: the criterion is purely ordinal. A criterion representing preferences is usually called a “utility function”, U , and it is characterised by: a is preferred to b if and only if U a ≥ U b . g. the more complicated criterion: 2exp U a ≥ 2exp U b ).
In any case, without monetary valuation of the environmental and visual issues, risk is only appreciated in subjective terms and this leaves little material to think about its management. It is likely that most great public projects are treated the same way. The discussions have been hard but, deprived of objective arguments about the financial part (except for the technological side), controversies and protests could not lead to much improvement. In the end, it seems that decisions were taken at a high Ministry level, a technocratic level, not a political one, even though the minister signed the decision.
Business Continuity Planning: A Step-by-Step Guide with Planning Forms by Kenneth L. Fulmer, Philip Jan Rothstein