Question

what are key components of a contingency plan? multiple select question. defining the event that will initiate/trigger the plan into action. naming a person responsible to execute the plan. cost estimates in the planning, not execution, phase. developing a work breakdown structure for the contingency plan.

Answer 1

The key components of a contingency plan include defining the triggering event, assigning a responsible person, and developing a work breakdown structure.

Step-by-step explanation:

The key components of a contingency plan include:

• Defining the event that will initiate/trigger the plan into action: This involves identifying the potential risks or threats that could disrupt normal operations and outlining the specific conditions that would activate the plan.
• Naming a person responsible to execute the plan: Assigning someone to take charge of implementing the contingency plan ensures that there is clear accountability and effective coordination during a crisis.
• Developing a work breakdown structure for the contingency plan: This involves breaking down the plan into manageable tasks, assigning resources and timelines to each task, and determining the dependencies between them.