contingency plan

Alternative prepared approach

A contingency plan is a backup strategy prepared in case the primary plan fails or circumstances change unexpectedly.

Organizations develop contingency plans for emergencies, natural disasters, or market shifts: The company's contingency plan addressed what to do if the main supplier went bankrupt.

The term implies thinking ahead about what could go wrong.

backup

fallback

Alternative if primary fails

secondary · reserve · standby · substitute · redundancy · auxiliary · stopgap · interim · provisional · replacement

risk

mitigation

Reduction of severity

exposure · vulnerability · threat assessment · impact analysis · likelihood · worst-case · risk tolerance · buffer · margin of safety · cushion

preparation

readiness

State of being prepared

risk assessment · provisioning · resource allocation · logistics · coordination · due diligence · mapping · guidelines · procedures · checklists

emergency

crisis response

Action taken during emergencies

crisis management · triage · rescue operation · shelter-in-place · quarantine · lockdown · survival · relief effort · emergency fund · rationing

strategy

blueprint

Detailed technical drawing

framework · methodology · approach · execution · deployment · prioritization · decision tree · trigger points · escalation · threshold

Categories
Opposites
primary vs. backup planning

contingency planfirst choice

Most preferred option

standard operating procedure

planned vs. unplanned response

contingency planimprovisation

Spontaneous, unplanned creation

winging it · spontaneous reaction · extemporization · unpreparedness · playing it by ear

cautious preparation vs. reckless disregard

contingency planrecklessness

Careless disregard for danger

negligence · unpreparedness · wishful thinking · head in the sand · complacency

Family

plan, contingency, contingent, contingencies, contingently, contingency planning, contingency plans

Familiarity
Top 100,000
Profile
Used worldwide · Timeless · Abstract · Everyday, not technical · Rated G