Contingency planning-planning function, Project Management

Contingency planning

Contingency planning is the part of the planning process that identifies alternative courses of action that an organization might follow if various different conditions arise. It means having a separate plan for each of the several critical contingency events. Critical contingency events relate either to the extent to which the ongoing plan is being accomplished or to the environmental events that might change things in the future.

Posted Date: 12/15/2012 5:36:15 AM | Location : United States

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