Case Interview Prep

Category - Management

Which is the best term to describe a plan created for use in a disaster scenario?
  1. Contingency plan
  2. Benchmark plan
  3. Best practices
  4. Strategic plan
Explanation
Answer: A - A contingency plan is created for use when the original plan is not achievable.

Key Takeaway: When creating contingency plans, consider what could go wrong in the original base plan and tailor your contingency plans around those risk factors. Contingency plans should be in place for likely, but unexpected events. Additionally, contingency plans need to be communicated to the organization in order to be effectively implemented in the event of a disaster scenario.
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