Threat

last edited by: Samer Alhmdan on Aug 10, 2017 8:42 AM	login/register to edit this page

A risk that would have a negative effect on one of more project objectives. A contingency plan is a plan devised for proactively minimize negative outcome so as to reduce the adverse effect on the project objectives. It is often used for risk management when an exceptional risk that, though unlikely, would have catastrophic consequences. Contingency plans are often devised by governments or businesses.

last edited by: Samer Alhmdan on Aug 10, 2017 8:42 AM	login/register to edit this page

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