What is a Business Resilience Plan for Construction?
A Business Resilience Plan for Construction is a strategy designed to ensure the continuity of construction projects, as well as workforce safety, in the event of a crisis or unforeseen event. It is an important tool used by construction companies to plan for any potential disruptions, maintain business operations, and ensure the success of their projects.
What's included in this Business Resilience Plan for Construction template?
- 3 focus areas
- 6 objectives
- 6 projects
- 6 KPIs
Each focus area has its own objectives, projects, and KPIs to ensure that the strategy is comprehensive and effective.
Who is the Business Resilience Plan for Construction template for?
This Business Resilience Plan for Construction template is designed for construction companies who are looking to develop an effective strategy for responding to unexpected events. The template provides the necessary guidance and structure needed to create a comprehensive and tailored business resilience plan for the organization.
1. Define clear examples of your focus areas
Focus areas are the fundamental areas of the business that need to be addressed or improved in order to reach the desired outcome. Examples of focus areas could be Strengthen Operational Processes, Maintain and Develop Human Resources, or Improving Safety Protocols.
2. Think about the objectives that could fall under that focus area
Objectives are goals that need to be achieved within the focus area. For example, under the focus area Strengthen Operational Processes, objectives could include Improve Project Delivery Efficiency and Increase Risk Management Awareness.
3. Set measurable targets (KPIs) to tackle the objective
KPIs, or key performance indicators, are measurable targets that are used to measure the success of an objective. For example, under the objective Improve Project Delivery Efficiency, a KPI could be to reduce project delivery time. The KPI should include an initial value and a target, as well as a unit of measurement.
4. Implement related projects to achieve the KPIs
Projects, or actions, are what need to be done in order to achieve the KPIs. For example, under the KPI to reduce project delivery time, a project could be to analyze and implement process improvements. Projects should be specific and time-bound.
5. Utilize Cascade Strategy Execution Platform to see faster results from your strategy
Cascade Strategy Execution Platform is a complete solution for strategy and performance management. It helps you create and manage your Business Resilience Plan for Construction, track progress, and ensure success. With Cascade, you can quickly and easily develop, deploy, and measure your strategy, so you can see faster results from your plan.