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Contingency Planning

 

In project management, a valuable lesson learnt early in one's career is :-

'A failure to plan, is a plan to fail'

Contingency planning, plans for the unexpected or, the possibility of circumstances changing. Contingency plans are individual plans associated with individual projects or programmes.

A contingency plan is never expected to be executed; as result, where attention to detail and the budget allocation are clearly inadequate, this can guarantee its failure in the event of it being executed.

As with any plan, it is essential to agree the 'trigger(s)' which will result in the plan coming into force and the subsequent 'chain of command' which will take over during that period.

See also Business Continuity Planning.


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