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Topic: Book Reports
Number of pages / Number of words: 8 / 2158
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Contingency plans are the alternative plans for the main plan. It is always necessary to prepare alternative plans in order of unexpected events rising while implementing the plans. An organisation must prepare the close alternatives to their ‘Plan A’ in order to achieve their objectives. “Contingency plans are to be used if an unexpected event makes the normal plan infeasible...


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“Contingency plans are to be used if an unexpected event makes the normal plan infeasible.” (Finch, 2006, p.311)

Effective planning leads to financial benefits to an organisation. Financial benefits can be obtained by sketching more alternate plans. Two or more plans will lead to think which one will benefit the organisation when implemented...


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