Contingency Planning Fundamentals

A contingency plan is designed to record, assess, prioritize, and mitigate potential risks that may cause adversities to an organization. Examples of such adversities include delay in meeting customer commitments, increase in safety issues, and decline in profits, all of which may negatively impact the organization.

The purpose of a contingency plan is to ensure uninterrupted product or service deliveries as well as safety of its personnel and infrastructure. Make sure you have a contingency plan for your business, get a demo for our course today.

Contingency Planning

This course is designed to provide learners with an understanding of the contingency planning process, the tools to analyze and prioritize risks, and the template to create and maintain contingency plans with industry examples.

Learning Objectives
  • Define contingency planning.
  • List the potential risks that influence the creation of a contingency plan.
  • Explain the methodology used for the creation of a contingency plan.
  • Describe the elements of a contingency plan template.
  • Explain how to use a simple risk analysis tool to prioritize potential risks.
  • Explain how to record and verify mitigation actions for a potential risk.
  • Apply real world industrial scenarios to create a contingency plan.
This course includes
Pre / Post-Assessment
Course Length: 1.5 h
Completion Certificate
What is Contigency Planning

Table of Contents

Potential Risks

  • Key Equipment Failures
  • Inbound Supply Interruptions
  • Outbound Logistics Interruptions
  • Natural Disasters
  • Fire Hazards
  • Utility Interruptions
  • Infrastructure Disruptions
  • Labor Shortages
  • Cyberattacks
  • Pandemics

Contingency Planning Methodology

  • Contingency Plan Template
  • Team Formation
  • Potential Risk Identification
  • Potential Risk Prioritization
  • Potential Risk Mitigation
  • Post Planning Controls
    • Notification Process
    • Effectiveness Testing
    • Periodical Review
    • Revision Control
    • Defining Procedures
    • Supplementary Procedures

Case Study

  • Key Equipment Failures
    • Inbound Supply Interruptions
    • Outbound Logistics Interruptions
    • Natural Disasters
    • Utility Interruptions
    • Infrastructure Disruptions
      • Waterlogged Warehouse
      • Blown Off Roof
    • Labor Shortages

Course Completion

After completing this course you will receive a certificate of completion.