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A contingency plan is designed to record, assess, prioritize, and mitigate potential risks that may cause adversities to an organization

Contingency Planning Fundamentals

Contingency Planning Fundamentals is designed to provide learners with an understanding of the importance of creating and maintaining contingency plans to ensure business continuity in any organization. Ready to take the next step? Explore the course details and see everything we’ve packed into this program!

Learning Hours: 1.5

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Course Description

Contingency Planning Fundamentals is designed to provide learners with an understanding of the importance of creating and maintaining contingency plans to ensure business continuity in any organization.

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Who will benefit from this Contingency Planning Fundamentals course?

Quality, manufacturing, engineering, designing, purchasing, and sales departments at organizations that require an understanding of contingency planning process.

Course Classification

This manufacturing course by THORS eLearning Solutions covers identification of key terms and understanding of key concepts.

*THORS uses the Bloom’s Taxonomy Methodology for our course development.

Certificate Awarded for Contingency Planning Fundamentals

Example of certificate awarded upon successful completion of the course.

*upon successful completion

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Learning Objectives

  1. Define contingency planning.
  2. List the potential risks that influence the creation of a contingency plan.
  3. Explain the methodology used for the creation of a contingency plan.
  4. Describe the elements of a contingency plan template.
  5. Explain how to use a simple risk analysis tool to prioritize potential risks.
  6. Explain how to record and verify mitigation actions for a potential risk.
  7. Apply real world industrial scenarios to create a contingency plan.
Contingency planning methodology
Contingency Planning Fundamentals

Table of Contents

  1. Potential Risks
    1. Key Equipment Failures
    2. Inbound Supply Interruptions
    3. Outbound Logistics Interruptions
    4. Natural Disasters
    5. Fire Hazards
    6. Utility Interruptions
    7. Infrastructure Disruptions
    8. Labor Shortages
    9. Cyberattacks
    10. Pandemics
  2. Contingency Planning Methodology
    1. Contingency Plan Template
    2. Team Formation
    3. Potential Risk Identification
    4. Potential Risk Prioritization
    5. Potential Risk Mitigation
    6. Post Planning Controls
      1. Notification Process
      2. Effectiveness Testing
      3. Periodical Review
      4. Revision Control
      5. Defining Procedures
      6. Supplementary Procedures
  3. Case Study
    1. Key Equipment Failures
    2. Inbound Supply Interruptions
    3. Outbound Logistics Interruptions
    4. Natural Disasters
    5. Utility Interruptions
    6. Infrastructure Disruptions
      1. Waterlogged Warehouse
      2. Blown Off Roof
    7. Labor Shortages

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