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Advanced · Self-paced learning

Selecting and Funding Continuity Strategies

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Which continuity option meets the required service level and what does it cost? Compare options in an editable calculation covering minimum service, lead time, initial and recurring costs and shared dependencies. You can add later offers using the same criteria.

Compare an internal fallback, an external replacement and reduced operations for one process. Build an editable calculation covering minimum service, lead time and initial and recurring costs. Record missing data and shared dependencies.

The course case requires 100 orders a day. The cheapest option handles only 40; two alternatives handle 110 and 120. Calculate twelve-month costs and assess which options meet the requirement. Availability and budget approval require subsequent organisational confirmation.

What you will work on

  • Derive continuity strategy criteria from business requirements
  • Compare options by capability, costs and dependencies
  • Calculate twelve-month costs for options delivering 40, 110 and 120 orders a day

Who it is for

  • Business continuity managers
  • Business unit and process leaders
  • Finance staff supporting continuity or investment decisions

Topics

  • Minimum service levels and recovery objectives
  • Internal, external and reduced operating options
  • Initial and recurring costs
  • Dependencies and residual risks
  • Funding requirements and decision preparation

Your result

Your editable comparison connects required minimum service with lead times and costs for each option. Add later offers using the same criteria.

Prerequisites

Basic BCM knowledge and business requirements for one process; authorised outline cost data are helpful. A course case with explicitly assumed costs can be used.

Format and approach

The planned self-study course takes five to six hours. You prepare your own strategy comparison and review it against explained criteria.

Planned learning time: 5–6 hours

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