An Analysis of Disaster Risk Management Practices in the u.s. and Singapore

Ron Christner and Wah Chin Yee

Risk Management and Insurance Review, 2000, vol. 3, issue 2, 193-218

Abstract: ABSTRACT: This study outlines the framework of the Disaster Recovery Planning (DRP) process and describes the key steps in preparing a DRP. It also identifies the essential characteristics and core elements of the DRP and highlights the critical success factors. It provides a recommendation on the process of DRP that companies can adopt, to help them prepare a comprehensive, well‐documented, and cost‐effective DRP that is workable. Survey data are used to find out whether DRP is widely practiced in Singapore and the U.S. The survey questions aim to identify the various DRP arrangements an organization has when a disaster strikes and the provisions that are included in its general contingency plan, if any. The survey results for the two countries are analyzed to evaluate why the level of DRP differs so greatly between the U.S. and Singapore.

Date: 2000
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https://doi.org/10.1111/j.1540-6296.2000.tb00030.x

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Persistent link: https://EconPapers.repec.org/RePEc:bla:rmgtin:v:3:y:2000:i:2:p:193-218

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