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Contingency
A contingency is a relevant event anticipated by a planner, including low-probability events that would have major impacts on the success of a plan. If the event occurs, current actions and plans may be adversely affected. An event that may occur but that is not likely or intended; a possibility. A contingency is a significant future event or situation that may or may not happen.
Recognition of a contingency can and should prompt contingency planning. A wide-range of internal and external events and occurrences can be contingencies in a specific planning situation. It is not possible to plan for every contingency so planners must identify those that are most important to consider. |
