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Contingency Plan Template

This document provides a template for a contingency plan with strategies and activities to minimize financial risks including recalculating spending plans, taking insurance, managing large purchases, and maintaining reserve funds.

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Syeda Maryam
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0% found this document useful (0 votes)
550 views1 page

Contingency Plan Template

This document provides a template for a contingency plan with strategies and activities to minimize financial risks including recalculating spending plans, taking insurance, managing large purchases, and maintaining reserve funds.

Uploaded by

Syeda Maryam
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as DOCX, PDF, TXT or read online on Scribd
  • Contingency Plan Template: Provides a template for creating a contingency plan, including fields for risk identification and strategies to minimize risks with timelines.

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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