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contingency planning

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contingency planning

Planning for unpredictable events. These events, or contingencies, may be benign, like an unexpected rise in demand. They may also be potentially damaging, such as defective product design, in which case the contingency planning process is called crisis management if it is carried out systematically.



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The official said Craddock did not need permission to do contingency planning but had gone to Scheffer "just to get a sort of signal pulse on that.
The value of having a Plan B should be familiar to most small business owners However it seems that the concept of contingency planning is overlooked all too often with regard to commercial loans and working capital strategies The value of having a Plan B should be familiar to most small business owners.
This guide will complement and enhance, not replace, extensive private-sector contingency planning already in place.
 
 
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