Contingency planning
On This Lesson 4 topics
This lesson is planned. The outline below lists the topics it will cover. The full lesson has not been published yet.
In this lesson
prepare responses and decide when to use them.
Planned topics
- Mitigation reduces likelihood or impact now; contingency is the plan if the risk occurs.
- A contingency has a trigger, an owner, actions, and a cost.
- Decide the invocation threshold in advance, so the decision is not made under panic.
- Some contingencies need early investment, such as keeping the old system running.
- Review contingencies when conditions change.
Draft outline details
Demonstration
Contingency card: risk | trigger | action | owner | cost | decision deadline. Example: if warehouse API slips past week 6, use batch file exchange for phase one.
Check your understanding
What is the difference between mitigation and contingency?
Show answer
Mitigation acts before the risk occurs; contingency is the plan after it occurs.
Practice
Apply this lesson with the module's lab, exercises and quiz.
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