Risk Management - Contingency Planning Expert: How to Create a 6-step Contingency Plan

Things go wrong. So, you need to be prepared to deal with the situation. This means having a Contingency Plan. But, how do you create one? 🎓 Learn Project Management with Mike: The Project Manager's Skills Mastery Program - https://school.onlinepmcourses.com/p/pm-skills-mastery Join this channel to get access to perks: https://www.youtube.com/channel/UCMZfp1_wquyegVY9SoER0Nw/join The Process... Step 1: Risk Assessment Step 2: Contingency Plan Structure Step 3: Detailed Contingency Planning Step 4: Creating Your Contingency Plan Step 5: Making Your Contingency Plan Live Step 6: Maintaining Your Contingency Plan Recommended Videos Carefully curated video recommendations for you: 🎬 What if? Top 10 Things to Build into Your Project Contingency Plan https://youtu.be/SuTitk37bKo 🎬 RISK MANAGEMENT 101: An Introduction to Project Risk Management https://youtu.be/Nwl7PquhU5U 🎬 How to Create a Risk Management Plan https://youtu.be/9MAHX2Wv8pk 🎬 What to Put in Your Risk Register (Risk Log) https://youtu.be/vkEPGFVVwfM 🎬 Top 5 Ways to Remove a Risk Entirely https://youtu.be/I5V-bhSagBk 🎬 Navigating a Crisis: A Project Manager's Guide to Crisis Management https://youtube.com/live/upanP751hBo 🎬 What is a Disaster Recovery Plan? And How to Make one. https://youtu.be/c2WRVclyFcg 🎬 How to Keep Cool in a Crisis: Stay calm when your project goes wrong!! https://youtu.be/bF8d4cGXl0I 🎒 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-project-manager-needs Note that the links are affiliated. 🎬 For more great Project Management videos, please subscribe to this channel: https://www.youtube.com/channel/UCMZfp1_wquyegVY9SoER0Nw?sub_confirmation=1 🎁 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: http://youtube.com/c/managementcourses 🎓 For more of our Project Management videos in themed collections, join our Free Academy of Project Management: https://onlinepmcourses.com/free-academy-of-project-management/ ⏱ Chapter Markers... 00:00 - Things go wrong: Contingency Planning 00:19 - A six-step contingency planning process 00:45 - Organizational Contingency Plans 01:10 - Project Contingency Plans 01:44 - Step 1: Risk Assessment 02:11 - Step 2: Contingency Plan Structure 03:32 - Step 3: Detailed Contingency Planning 04:32 - Step 4: Creating Your Contingency Plan 04:55 - Step 5: Making Your Contingency Plan Live 05:20 - Step 6: Maintaining Your Contingency Plan 05:50 - Summing up Contingency Planning #ContingencyPlan #ContingencyPlanning #ProjectManagement