Contingency Planning

Introduction

The purpose of any contingency plan is to basically allow the organization to be able to

return the daily operation as quickly as possible after these unforeseen events. This is about the

protection about the resources and it is about the minimization customer inconvenience and also

identification of the key staff and it is used for the assigning of the specific responsibilities that is

observed in these contexts of recovery.

The purpose of the analysis is to be able to look into the benefits of scenario events/planning and

to look into the factors that is needed for the implementation of the scenario planning. The

different kinds of scenario planning is also considered in this element.

(1) Benefits of scenario events/planning.

Scenario planning is about the ways in which the decision-makers will be able to identify a

range of potential outcomes and also the impacts. It is used for the evaluation of the responses

and also used for the management of the positive and negative possibilities. It is used for the

visualization of the potential risks and also for the consideration of the different kinds of

opportunities.

In this if the company tries to build organizational awareness about what could happen the

leaders will be able to spot warning signs of brewing challenges and they will be able to respond

accordingly. In this even in the worst case event the situation planning is about playing of
multiple outcomes and it is used for the listing of the immediate steps for the containing of the

damage.

Scenario planning is about the telling of the story with many kinds of possible endings. It is

about the crafting of the narrative that is seen to require a clear set of assumption of these

business realities and also used for the ensuing of the outcomes.

It helps the people to make a decision-makers as it is used for the identification of these

ranges of potential outcomes and also used for the estimated impacts and it is used for the

management of these positive and also the negative possibilities. It is really about the projecting

of these financial earnings and also used for the estimation of the cash flow that is used for the

mitigation of the actions.

Scenario planning is basically about the visualization of the different representation of the

future of the organization that assumes that is about the forces that will drive the market.

Scenario planning is about the providing of these competitive advantages by the enabling of the

leaders to be able to react quickly and also be able to make decisions decisively. This is owing to

the space where the situation are considered to be thorough and also to make sure that these

actions document. These are used for the scrambling which is about the processes that is in midst

of a crisis.

Scenario planning is also seen to give the executives and also the board of directors a

framework for making some of the nonemergency decisions. These are used for the processes to

be more effective that is used for the providing of the insights into plans, budgets, forecast and

also used for the painting of the clearer picture of key drivers that is used for the business growth

and also used for the determination of these potential impacts that is needed for the future events.
 (2) Questions to consider when implementing scenario planning.

Scenario planning is seen to be providing a structured method for the managers to be able to

evaluate these alternative views of what will happen in the future as it is based on the strategic,

operational and also the financial planning. In these cases the scenario planning is based on 2

major questions.

 What can happen?

 The impact of strategies on the plans and budget

 The methods of response

Similar to many of the planning tools there is the strategic and tactical planning which has its

origins in the military. There is the main adoption of the scenario planning in these

commercial worlds that needs to be started in the industry. This is about the situation

planning that is run by these businesses and also these public sector utilities.

Some of the main kinds of scenario questions are seen to be included. They are

Political : it is based on the political events in the society

Economic: it is about the economic structure and events that occur in the society

Social : it is about the implications of these social structure

desktop or laptop during computer usage

Contingency planning is a form of risk mitigation process that is used for the development of the

back-up plan that is used for the anticipation of events that is used for the disruption of business

as usual. Business continuity planning is about the extended version of contingency planning that

is used for the encompassing of these comprehensive and extended response plan that is used for

getting the business as usual (Cumbler et al., 2021) Business continuity planning is considered

to be an expanded version of contingency planning that is encompassing into a comprehensive

and extended Reponses that is used for getting the business as usual plan.

(3) Common types of scenario planning.

For the case of the scenario planning these are some of the main conditions that is considered for

determination of these processes. It is imperative to be able to look into these processes and

create an appropriate strategic planning. These are shown in the following.

normative situation that is considered to be preferred and also achievable. It is used for the

describing of the unknowable and also comprehensible array of future end states that is used to

occur. These are basically contingent tactics where the future unfold which is real time. In some

cases which is planning for the scenario planning exercise may include elements of both. These

scenario planning which is approaches which is achieve for the number of outcomes. If these

system approach which needs to be leveraged. It can be used as a guide for the awareness of

these elements (Zhou, & Kwan, 2018).

Conclusion:
It is important to being able to look into these aspects and ensure that there are appropriate

actions which can be taken. These are the main factors or faculties that can be considered in

these elements. It is important to being able to look into these elements and make appropriate

determination.

Reference

Zhou, J., & Kwan, C. (2018, June). A high performance contingency planning system for

UAVs with lost communication. In 2018 ieee international conference on prognostics

and health management (icphm) (pp. 1-8). IEEE.

Cumbler, E., Wittig, M., Jacobson, N., McClain, H., Treat, A., Radin, J., ... & Harry, E.

(2021). Contingency planning for healthcare worker masks in case of medical supply

chain failure: Lessons learned in novel mask manufacturing from COVID-19

Pandemic. American Journal of Infection Control.