Purpose:
A plan that provides an outline of decisions and measures to be adopted if previously defined circumstances should occur in relation to a specific activity (e.g. project or service). For example, a building or system may be completed later than planned; take up of a new service is delayed and/or much less than expected, so the previous delivery options have to continue to run in parallel. Contingency/reversion plans relate to a planned change; business continuity plans relate to services and assets that are already operational.
Fitness for purpose checklist:
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Notes:
In the Management of Risk, a Contingency Plan is one answer to the question "What do we do if this risk occurs?" Where a serious risk exists, the Project Owner may require the Project Sponsor to create a Contingency Plan and add the necessary budget for it as a risk allowance - only to be used if the risk occurs. These are not mandatory and their use depends on each project's circumstances.
Further information:
See the briefings on risk management, project management, transition and business continuity.
See also document outlines for risk log and business continuity plan.
For more detailed information on construction projects, see Achieving Excellence Guides 3 and 4: Business Continuity planning guidance.
For more general guidance, see: Management of risk: Guidelines; Management of risk: Guidance for Practitioners; Management of successful projects with PRINCE 2.
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Page last updated: 2008-10-20