Risky Thinking
– On Risk Assessment, Risk Management, and Business Continuity
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Risky Thinking
– On Risk Assessment, Risk Management, and Business Continuity
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| Home / Risk Glossary / Declaration Fee | 17 March, 2010 | |
Declaration Fee (Definition)Initial fee charged by an alternative site when a customer wishes to use that site. Payment of the fee covers the costs of the site owner in making the site available and operational, as well as discouraging site usage unless a significant disruption has occurred. Some alternative site suppliers may apply the declaration fee against the cost of the first few days of site occupancy after a disaster has been declared. Risky Thinking Newsletter Are you responsible for Business Continuity, Disaster Recovery, or Risk Management in your organization? Then you may wish to receive a free subscription to the the monthly Risky Thinking Newsletter. It contains news, opinions and articles of interest to people working in these areas. View a sample issue, or click here to subscribe. Recent articles have included: Fast food restaurants face special risks, some of which are not completely under their own control. In particular, a supplier with a massive positive feedback loop can cause things to go wrong, as the mad cow case demonstrates.
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