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Contingency Plan

Quiz by JESSABEL MADANLO

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7 questions
Show answers
  • Q1
    What is a contingency plan?
    A plan that provides a detailed timeline for a project.
    A plan that outlines procedures to be followed in case of an emergency or unexpected event.
    A plan that outlines the main goals of a project.
    A plan that focuses on budget allocation for a project.
    30s
  • Q2
    What is the purpose of a communication plan in a contingency plan?
    To ensure effective communication and coordination during an emergency or unexpected event.
    To establish the main objectives of the organization.
    To outline the financial resources needed for the contingency plan.
    To assign specific roles and responsibilities to team members.
    30s
  • Q3
    What is the primary goal of a contingency plan?
    To secure additional funding for future projects.
    To maximize profits during unexpected events.
    To eliminate all risks and uncertainties.
    To minimize negative impact and ensure business continuity in times of crisis.
    30s
  • Q4
    What is the purpose of a risk assessment in a contingency plan?
    To determine the timeline for implementing the contingency plan.
    To allocate resources for the contingency plan.
    To identify and evaluate potential risks and their impacts on the organization.
    To establish communication channels during a crisis.
    30s
  • Q5
    Which of the following is an example of a contingency in project management?
    Assigning additional tasks to team members to expedite project completion.
    Increasing the project budget to accommodate additional resources.
    Changing the project timeline due to unexpected delays.
    Adding new features to the project scope.
    30s
  • Q6
    What is the purpose of a business impact analysis (BIA) in a contingency plan?
    To assess the potential consequences of disruptions on critical business processes.
    To outline the communication channels during a crisis.
    To allocate budget and resources for the contingency plan.
    To identify the main objectives of the contingency plan.
    30s
  • Q7
    What is the purpose of a tabletop exercise in a contingency plan?
    To train employees on emergency response procedures.
    To identify potential risks and vulnerabilities in the organization.
    To communicate the contingency plan to stakeholders.
    To simulate an emergency scenario and assess the effectiveness of the contingency plan.
    30s

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