Step 3
Resource and budget planning
Effective resource and budget planning is critical to meeting compliance objectives and ensuring that your organisation remains resilient and aligned with its strategic goals.
1. Assign key responsibilities for accountability and strategic alignment
Building a capable team begins with selecting the right expertise for the right roles.
Assigning specific responsibilities to team members with relevant skills—and securing buy-in from executive leadership - ensures the project receives high-level guidance and accountability throughout its lifecycle.
2. Allocate adequate resources to meet compliance and mitigate risks
You resource plan should include costs to cover additional personnel and administration, legal, and IT (eg for data governance, technical documentation, record-keeping and cyber security).