Planning and Initiation PhaseCost of Planning versus the Cost of FailureResources: People, Process, and TechnologyExecution and Implementation PhaseBusiness Impact AnalysisRisk ManagementEmergency ResponseCrisis ManagementCompetency BuildingReinforcement PhaseEffective Communication MechanismTests and ExercisingManagement ReviewsContinual ImprovementBudget for BCMConclusionKey Take-Aways