The paper focuses on the critical aspects of predicting a well control operation. It is shown how flow diagnostics and hydraulic operational design drives the strategy for response. This includes; what kind of equipment and tools to use, which intervention method to use as well as how the operation should...
A forensic evidence-gathering plan is essential for investigating information-security breaches. In general, it's also "A significant means of reducing risk" to the business. A forensic readiness program helps organizations retain and process any data they might need to investigate breaches, assist in criminal cases, or solve legal disputes. Creating such...
When it comes to one's finances, it is important to have a plan that can be put into action if one can become mentally or physically incapacitated or otherwise unable to manage his own affairs. One's retirement account is no exception to this rule - he needs to make plans...
With today's economically unstable airline climate, travel management companies and corporate customers need to have contingency plans in place to react to airlines ceasing operations because of bankruptcy filings. This white paper addresses possible consequences of the current bankruptcy situation, federal ticket protection legislation, processes and procedures that TQ3Navigant has...
This report was commissioned by the City of Ottawa's Drinking Water Services branch as a preliminary step to help determine the potential threats and risks to the existing water distribution system and its customers, and then to develop a contingency plan to deal with such an event. An assessment of...
From the executive summary: ‘The Securities and Exchange Commission SEC adopted Rule 206(4)-7 in an attempt to protect investors by ensuring that advisors have internal programs to enhance compliance with federal securities laws. The rule requires SEC registered investment advisors to adopt compliance policies and procedures designed to prevent violations...
A big part of contingency planning involves calculating costs. Costs to prevent or recover from certain events must be weighed against the cost of the actual impact should that event happen. This impact analysis involves calculating and attributing a value to each customer contact so the team can calculate the...
It's easy to think of disaster recovery as a dry technical challenge. But this is a mistake; in reality, the difference between a great recovery team and one that falls down on the job is the caliber of the team members. All too often, enterprises populate their disaster team with...
To most bankers, talk of Disaster Recovery DR and Contingency Planning CP conjures up visions of thick contingency plan manuals and electronic data processing examinations. In reality the twin disciplines of DR and CP are prudent business practices. As reliance on technology increases, attention to the proper functioning and recoverability...
This essay reviews some of the unique challenges of managing investment grade bond portfolios. It looks at the inherent characteristics of corporate bonds and credit risk, including the asymmetric nature of the return and the link to a company's equity. Given these characteristics, it considers if the current, traditional style...
Anyone who does not plan for resource needs, out into the future, is equally irresponsible and is courting disaster. In such situation a question which arises is that what to be done? The answer is Resource Contingency Planning. It is altogether proper to proceed with the attempt to allocate and...
From the executive summary: ‘Print-to-mail processes have changed dramatically in recent years and redundancy of these services is financially impractical for most organizations. Print-to-mail services are critical to a corporation’s day-to-day operation. Backing up all critical services is an expected business practice. Selecting an appropriate print-to-mail recovery service will allow...
Disaster recovery, emergency management and continuity planning professionals in both the public and private sectors worldwide continue to face many challenges as they strive to do their jobs in a rapidly changing business and service environment. In recent years the industry has seen downsizing, re-engineering, outsourcing, changes in technology, lack...
Article states that "Be proactive, not reactive". It states that one should look for contigency planning, to handle the situation where risk can occur. It provides the information for risk management. The Internet makes any business problem or crisis quickly and highly visible. One must create a comprehensive plan to...
Business processes are evaluated to determine their criticality to a business unit that can prioritize the business functions to determine which require a contingency plan and which can be ignored and eliminated. The business risk analysis process inherent in this approach focuses on two types of information to compute a...
The first step in expanding business continuity planning is merging emergency response and business continuity plans into a seamless, coordinated effort. Most companies view emergency response programs as separate from business continuity. Each group independently develops its own plan. Yet, in reality, an event is going to trigger both plans...
Anyone who attempts to define and schedule discrete resource assignments out into the distant future (that is; more than a few weeks) is living in a fantasy world. For certainly, the schedule will change, the resource availability will change, even the scope of work tasks will change. On the other...
Managing and safeguarding the productivity of all assets and the quality of your laboratory’s results is the primary reason contingency planning is considered by any Laboratory Manager LM or Principal Investigator PI. Electronic records and electronic signatures compliance, that the key environmental conditions of cleanliness, temperature, humidity and electrical power/energy...
In days past, contingency planning was generally left to the laboratory operator or the hospital risk management group, to assess products, processes, procedures and protocols. Depending upon the urgency of the laboratory, specific action plans were installed and others passed by as not being required. For California-based laboratories—especially those hardest...
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