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Nursing Contingency Planning Process Video

Business Strategy: Contingency Planning

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It is extremely important in any project to effectively plan for both with a contingency budget and resources because some will happen. In this class, you are asked to develop a Risk Management Strategy and Plan that identifies potential risks, rank them by impact and likeliness, contains mitigation strategies, and includes a way to control and communicate them. You will select a project that you may have developed in a previous class or a known project in your organization to create this strategy and plan for. Throughout this course, you will be working on developing several components of a final Key Assignment. Additional information and the deliverables for each Individual Project will be provided in the assignment description for this project. The other information you will include is a high-level description of the project you will be conducting the risk analysis on. You will also be setting up the final Key Assignment outline that you will add to each week. Nursing Contingency Planning Process Nursing Contingency Planning Process. Nursing Contingency Planning Process

April 21, Contingency planning is useful with regard to business planning and strategic decision-making. It is sometimes critical that companies have such plans in place, especially with regard to global business strategies, so they can move to Plan B quickly if certain target goals are not achieved within a specified time frame.

Nursing Contingency Planning Process

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