WebNov 30, 2024 · Contingency is a potential negative event which may occur in the future such as a natural disaster, fraudulent activity or a terrorist attack. In finance, managers … WebBritannica Dictionary definition of CONTINGENCY. [count] : something (such as an emergency) that might happen. In making our business plans, we tried to prepare for any contingency that might hurt sales. a contingency plan [=a plan that can be followed if an original plan is not possible for some reason] a contingency fund [=an amount of money ...
The use of contingency contracting in educational settings: A …
WebSome common synonyms of contingency are crisis, emergency, exigency, juncture, pinch, straits, and strait. While all these words mean "a critical or crucial time or state of affairs," … WebJul 21, 2024 · A contingency plan is a pre-defined course of action to take if something disrupts operations or a project. A detailed contingency plan provides response steps to minimize any negative effects from the change of plans. A contingency plan ensures you do not rush your response to a situation, as it allows you to choose your actions carefully ... brian wood smith currie
How to use "contingency" in a sentence - WordHippo
WebMar 27, 2024 · A contingency table is a two-way table whose cells contain the observed values of a dependent random variable under all different combinations of two other random variables. Suppose we are asking a group of 115 people what their favourite game and snack is (from the given options). After the data are collected, the contingency table … WebThe contingency plan must be reviewed, and immediately amended, if necessary, whenever: ( a) The facility permit is revised; ( b) The plan fails in an emergency; ( c) The … WebFeb 6, 2024 · An effective contingency plan should be well researched and enhanced with employee and stakeholder collaboration. The steps to be taken are indicated below: 1. … coutelier angers