What if? Top 10 Things to Build into Your Project Contingency Plan

What if? Top 10 Things to Build into Your Project Contingency Plan

Assessment

Interactive Video

Business

12th Grade - University

Hard

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The video discusses various strategies for effective risk management in projects. It emphasizes the importance of contingency planning and provides ten tactics to handle unexpected events. These include creating schedule and budget contingencies, rescheduling non-dependent activities, dropping non-critical tasks, using off-the-shelf solutions, and securing expert evaluators. The video also highlights the significance of change control and the potential use of extended working hours as a last resort.

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What new insight or understanding did you gain from this video?

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