Friday, January 16, 2009

What is a Contingency Plan?

In PMP, contingency plan is:
  • a strategy developed in advance for dealing with the occurrence of identified risks.

  • performed to construct a strategy before things go wrong.

  • to include a fallback plan for risks with a high impact.  A fallback plan is to be implemented if the initial contingency plan is ineffective in responding to the risk event.

5 comments:

Unknown said...

Test PMP Skill before Attending Final PMP Exam


Test Initiation and Planning Skill before Attending Final PMP Exam


Test Planning and Execution Skill before Attending Final PMP Exam


Test Execution and Control Skill before Attending Final PMP Exam


Test Control and Closing Skill before Attending Final PMP Exam

GLHamilton said...

The electronic (PDF versions) of downloads of the standards books including the Guide to the Project Management Book of Knowledge (PMBOK) is available for PMI members, and can be done with a PMI Membership and logging in.

It is well worth joining the PMI if you've not done so.

For the downloads, go to the website:

http://www.pmi.org/PMBOK-Guide-and-Standards/Standards-Library-of-PMI-Global-Standards.aspx

GHamilton

GLHamilton said...

You can log onto the PMI website if you're a PMI Member and download the PDF versions of the PMI standards books including the Guide to the Project Management Book of Knowledge (PMBOK), 4th Edition.

A PMI Membership is well worth the money if you're not already a member.

The website for the PDF downloads is:

http://www.pmi.org/PMBOK-Guide-and-Standards/Standards-Library-of-PMI-Global-Standards.aspx

GLHamilton said...

The PMI website allows you to download the PDF versions of their various standards books including the PDF of the Guide to the Project Manager's Book of Knowledge (PMBOK), 4th Edition.

You must, however, belong to the PMI, which is a membership well worth having.

The website for the PDF downloads is:

http://www.pmi.org/PMBOK-Guide-and-Standards/Standards-Library-of-PMI-Global-Standards.aspx

GLHamilton said...

The PMI website allows you to download the PDF versions of their various standards books including the PDF of the Guide to the Project Manager's Book of Knowledge (PMBOK), 4th Edition.

You must, however, belong to the PMI, which is a membership well worth having.

The website for the PDF downloads is:

http://www.pmi.org/PMBOK-Guide-and-Standards/Standards-Library-of-PMI-Global-Standards.aspx

GLHamilton

glhamilton2010@gmail.com

Suggested Study Materials

  • PMP-Preparation Recommended Books
  • PMP Exam Prep, Fifth Edition: Rita's Course in a Book for Passing the PMP Exam
  • A Guide to the Project Management Body of Knowledge, Third Edition (PMBOK Guides)
  • The PMP Exam: How to Pass On Your First Try (Test Prep series)