Assessment Task 1 BSBFIM501 Manage budgets and financial plans
Contingency plan template
Contingency Plan
Company name: WIN College
Person developing the plan:
Name: Position:
Risk identified: Financial problems
Strategies/activities to minimise the risk By when By whom
01/08/2019 Finance
department
Recalculating the spending plan
15/08/2019 Owner of the
college
Stuff happens: Prepare your self by taking insurance
30/08/2019 Finance
department
The big Financial leaps (Car or other assets)
01/09/2019 Management
Protect yourself (having reserve funds)
© 2015 Innovation and Business Industry Skills Council Ltd 1st edition version: 1
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