Definitions for "Contingency Planning"
See IT Service Continuity Planning.
Instituting policies and procedures to mitigate the effects of potential emergencies or disasters on an agency's operations and records. Contingency planning is part of the continuity of operations planning required under Federal Preparedness Circulars and other guidance issued by the Federal Emergency Management Agency (FEMA) and Executive Order 12656. See also VITAL RECORDS.
The process of identifying an organization's critical information systems and business operations and developing and implementing plans to enable those systems and operations to resume following a disaster or other emergency situation.
Preparing to deal with calamities (e.g., floods) and non-calamitous situations (e.g., strikes) before they occur.
Identifying aspects of a business or its environment that might entail changes in strategy.
Keywords:  try, cut, ownership, method, cost
Cost of ownership Cut and try method