Contingencies Question

A contingency is described in Chapter six as “alternate plans” on page 102. How does risk identification help with project contingency planning? Provide an example of a specific contingency plan you have ever used, and why it was necessary. 

Ch 6.

Develop contingency/recovery plans based on risk matrix.Contingency plans are based on risk assessment and completion of the risk matrix, which includes the development of a contingency plan for each task, judged to be medium or high risk. Contingencies are alternate plans that provide a means for recovery of a project, impacted by a risk event.

Do you need a similar assignment done for you from scratch? We have qualified writers to help you. We assure you an A+ quality paper that is free from plagiarism. Order now for an Amazing Discount!
Use Discount Code "Newclient" for a 15% Discount!

NB: We do not resell papers. Upon ordering, we do an original paper exclusively for you.