Assignment 3 – Contingency Planning

Assignment 3: Contingency PlanningLet us consider the following scenario:You work for a small company with less than fifty employees and a very small IT budget (less than 2% of the total budget of the company). You report to the chief financial officer of the company.You have been asked to develop a business continuity plan, but you have concerns over the allotted budget and resources for contingency planning in IT. You believe that a proper business continuity plan will require additional financial resources. You want to convince your boss that a business continuity plan is a vital component of an information security proposal in any business, small or large. You must also convince your boss that the current budget is insufficient for a solid business continuity plan.Tasks:In a cover letter, describe business continuity planning from a small business perspective.Discuss the potential impact of a business continuity plan on relationships between small businesses and their customer base.Discuss how your plan will require more than 2% of the total company’s budget and why it is necessary and important. Include in your cover letter a request for additional funds.Develop an ideal business continuity plan for a small business that mitigates threats and minimizes risks to a company, with less emphasis on costs. Your plan should evaluate at least five of the critical elements of business continuity planning such as:Data backup and recoveryMission-critical systemsFinancial and operational assessmentsKeeping the business moving without ITInforming customersContingency operationsAlternate communicationsSupport your reasoning with evidence from scholarly, peer-reviewed literature from 2 to 3 scholarly sources. Your paper should be 5–7 pages in length and written in a clear, concise, and organized manner. Your paper should demonstrate ethical scholarship in accurate representation and attribution of sources (i.e., APA) and display accurate spelling, grammar, and punctuation.Submission Details:Save the assignment as M1_A3_Lastname_Firstname.doc.By Week 1, Day 7, submit your assignment to the M1 Assignment 3 Dropbox.Assignment 3 Grading CriteriaMaximum PointsDescribed business continuity planning from a small business perspective.20Discussed the potential impact of a business continuity plan on relationships between small businesses and their customer base.20Discussed how the plan would require more than 2% of the total company’s budget and why it is necessary and important. Included in the cover letter a request for additional funds.20Developed an ideal business continuity plan for a small business that mitigates threats and minimizes risks to a company, with less emphasis on costs. Evaluated at least five of the critical elements of business continuity planning.20Wrote in a clear, concise, and organized manner; demonstrated ethical scholarship in the accurate representation and attribution of sources; and displayed accurate spelling, grammar, and punctuation.20Total:100

 

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