contingency planWhat is a contingency plan? In business continuity and risk management, a contingency plan is a process that prepares an organization to respond coherently to an unplanned event. The contingency plan can be also used as an alternative for action if expected results fail to materialize. A contingency plan is sometimes referred to as "Plan B." Learn more: Contingency and continuity planning Tutorial: Contingency planning
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| Last updated on:
Nov 13, 2008 |
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