Contingency Planning
Video

Contingency Planning

Pearls of Wisdom
Updated Jun 12, 2019

Course Overview

Describes how contingency planning can be used to mitigate risks, including the value of risk assessments. Suggests percentage allocations for various contingencies, and provides examples of how these allocations could prove useful in the future.


Learning Outcomes

  • Know what is meant by contingency planning, and what its primary purpose is
  • Understand the process of calculating a contingency budget
;