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contingency plan

   Also found in: Dictionary/thesaurus, Acronyms, Wikipedia 0.04 sec.

contingency plan

A plan involving suitable backups, immediate actions and longer term measures for responding to computer emergencies such as attacks or accidental disasters. Contingency plans are part of business resumption planning.

The process of developing such a plan involves convening a team representing all sectors of the organization, identifying critical resources and functions and establishing a plan for recovery based on how long the enterprise can function without specific functions. The plan must be documented and tested until it works effectively. Also called a "disaster plan," a contingency plan must be updated continuously. See disaster recovery and backup types.



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That's why we make sure by early October that each and every building we serve has a Snow Emergency Contingency Plan in place, and that all building employees are aware of their responsibilities when a major storm hits.
Meanwhile, city officials have prepared a contingency plan with about $5 million in spending cuts in case they lose a utility-user tax collected from local cell phone owners.
Valle kept that case in the back of his mind and he began to formulate a financial model based upon a business and corporate contingency plan.
 
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