When managing risk, it
is important to have "fall-back" plans to cover for
the possibility that things won't always go to plan.
This is known as Contingency Planning.
Our Approach
Encourage people to propose
avoidance solutions and contingency plans with the risks
Develop contingency plans only
in proportion to the size of the risk (as indicated by
the risk score listed in the Risk Log)
Use the Realisations values
identified in the Benefits Realisation table to indicate
the impact of project failure
