Contingency Plan

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Project plans outline the intended course of events; however, things don’t always happen as intended. Organizations need to consider risks and develop a contingency plan. This plan is typically presented to management.

Add the following 2 columns to the project plan table you created in Wk 4 – Apply: Project Plan:

  • Potential Risk Factors
  • Contingency Plans

Based on your prior research, determine potential risk factors for not meeting each of the project objectives. Develop a contingency plan for each of the potential risks. Add the potential risks and contingency plan to your Wk 4 – Apply: Project Plan.

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Use Microsoft® PowerPoint®, Prezi® , or another software to create a 12- to 14-slide executive presentation—with appropriate images and diagrams—that summarizes the following information:

  • The organization’s information presented in Wk 1
  • SWOT analysis and market trend research
  • Project objectives
  • Explain how success will be measured.
  • Explain the value this project will bring to the organization.
  • Project metrics
  • Timelines
  • Responsible parties
  • Potential risk factors
  • Contingency plans

Include detailed speaker notes within the presentation. Convert the speaker notes to a Microsoft Word document and add it to the citations slide.

Cite all sources following APA guidelines.

You will submit 2 different deliverables:

  • Updated project plan with potential risk factors and a contingency plan
  • Executive presentation with detailed speaker notes as a Word document within the presentation
 
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