What if? Top 10 Things to Build into Your Project Contingency Plan
A contingency plan is a valuable part of your risk management. Whilst it won’t stop risks happening, nor even make them less likely, it will give you a clear set of steps to follow if one should manifest. Here are 10 tactics you can put into a contingency plan? 1. Create a schedule contingency, or 'float'. 2. Look for non-dependent later activities that could be re-scheduled. 3. Identify non-critical activities that could be dropped. 4. Research off-the-shelf solutions that could be bought in. 5. Create budget contingency. 6. Identify non-critical deliverables that you could de-scope; reducing functionality or quality criteria. 7. Build test and remediation time into your plans. 8. Secure expert evaluators. 9. Put in place effective change control procedures. 10. Identify options for extended working hours. Recommended Videos Carefully curated video recommendations for you: Project Risk Management - How to Manage Project Risk • Project Risk Management - How to Manage Pr... How to Create a Risk Management Plan • How to Create a Risk Management Plan What to Put in Your Risk Register (Risk Log) • What to Put in Your Risk Register (Risk Log) 6+1 Risk Management Strategies... in 60 seconds • 6+1 Risk Management Strategies... in 60 se... 4 Types of Project Risk - Different Forms of Uncertainty • 4 Types of Project Risk - Different Forms ... Risk Management - 5 Tips to Do it Right • Risk Management - 5 Tips to Do it Right A while back, I asked Project Managers in a couple of forums what material things you need to have, to do your job as a Project Manager. They responded magnificently. I compiled their answers into a Kit list. https://kit.co/MikeClayton/what-a-pro... Note that the links are affiliated. For more great Project Management videos, please subscribe to this channel: / @onlinepmcourses For all our great Project Management articles and resources, please check out the OnlinePMCourses website: https://onlinepmcourses.com/ For basic Management Courses - free training hosted on YouTube, with 2 new management lessons a week, check out our sister channel, Management Courses: / managementcourses For more of our Project Management videos in themed collections, join our Free Academy of Project Management: https://onlinepmcourses.com/free-acad... #Project #ProjectManagement #ContingencyPlan

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