Quick Answer: What Must A Contingency Plan Include?

What is an example of a contingency?

Contingency means something that could happen or come up depending on other occurrences.

An example of a contingency is the unexpected need for a bandage on a hike.

An example of contingency is a military strategy that can’t go forward until an earlier piece of the war plan is complete..

How do you write a disaster contingency plan?

How to write a contingency planIdentify the risks. Before you can prepare for a disaster, you need to know what disasters you’re preparing for. … Prioritize the risks. … Develop contingency plans. … Maintain the plan.

Which is the first step in the contingency planning process?

What is the first step in beginning the contingency planning process? To begin the process of planning for contingencies, an organization must first establish an entity that will be responsible for the policy and plans that will emerge from the process.

How do you test a contingency plan?

Methods for testing contingency plans to determine the effectiveness of the plans and to identify potential weaknesses in the plans include, for example, walk-through and tabletop exercises, checklists, simulations (parallel, full interrupt), and comprehensive exercises.

What is disaster contingency plan?

Contingency planning aims to prepare an organization to respond well to an emergency and its potential humanitarian impact. … Such planning is a management tool, involving all sectors, which can help ensure timely and effective provision of humanitarian aid to those most in need when a disaster occurs.

What is an emergency contingency plan?

Contingency plans formally establish the processes and procedures to protect employees, core business elements, critical processes, information systems and the environment in the event of an emergency, business disruption, or disaster.

Why contingency plan is needed?

“The purpose of any contingency plan is to allow an organization to return to its daily operations as quickly as possible after an unforeseen event. The contingency plan protects resources, minimizes customer inconvenience and identifies key staff, assigning specific responsibilities in the context of the recovery.”

What is Contingency Plan Example?

A contingency plan is a plan devised for an outcome other than in the usual (expected) plan. … Contingency plans are often devised by governments or businesses. For example, suppose many employees of a company are traveling together on an aircraft which crashes, killing all aboard.

What are the steps in contingency planning?

NIST’s 7-Step Contingency Planning ProcessDevelop the contingency planning policy statement. … Conduct the business impact analysis (BIA). … Identify preventive controls. … Create contingency strategies. … Develop an information system contingency plan. … Ensure plan testing, training, and exercises. … Ensure plan maintenance.

What are contingency factors?

A contingency factor is anything that cannot be accurately predicted or forecast in the future. A contingency is the unexpected, or things that are out of your control. Natural disasters, economic crisis and other major events all fall into this category.

What are the different types of contingency plans?

9 Examples of Contingency PlanningDisaster. A school near the sea plans for a tsunami. … Environment. A city plans what it will do if air quality reaches dangerous levels. … Infrastructure & Facilities. … Partners. … Talent. … Markets. … Political. … Trade.More items…•