Definition of Contingency planning:
Activity undertaken to ensure that proper and immediate follow-up steps will be taken by a management and employees in an emergency. Its major objectives are to ensure (1) containment of damage or injury to, or loss of, personnel and property, and (2) continuity of the key operations of the organization.
How to use Contingency planning in a sentence?
- You should always have people that are good at contingency planning on your side so that you know how to deal with anything.
- Our contingency planning was really good for all of us and had a great effect on everyone else around us.
- You need to set up good contingency planning so that if things dont go well you can adjust accordingly and be prepared.
Meaning of Contingency planning & Contingency planning Definition