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Contingency Planning

Planning responses in case risk events actually occur

Image by zimmytws on depositphotos

Benefits of contingency planning

The use of contingent response strategies is an important option to consider when deciding how to respond to risk. This approach is an active form of risk acceptance. Also known as contingency planning, contingent response strategies involve planning responses…




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Sorin Dumitrascu

Sorin Dumitrascu

A trainer, business consultant and author specialised in human resources, project management, computer literacy and career development.

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