IT Project management ontingency, Fallback Plans, and Contingency Reserves a Contingency(意外事成plms are predefined actions that the project team will take if an identified risk event occurs Fallback plans are developed for risks that have a high impact on meeting project objectives, and are put into effect if attempts to reduce the risk are not effective a Contingency reserve or allowances ■ are provisions(预备) held by the project sponsor that can be used to mitigate cost or schedule risk if changes in scope or quality occur Project Integration ManagementProject Integration Management 14 Contingency, Fallback Plans, and Contingency Reserves ◼ Contingency(意外事故) plans ◼ are predefined actions that the project team will take if an identified risk event occurs ◼ Fallback plans ◼ are developed for risks that have a high impact on meeting project objectives, and are put into effect if attempts to reduce the risk are not effective ◼ Contingency reserve or allowances ◼ are provisions（预备） held by the project sponsor that can be used to mitigate cost or schedule risk if changes in scope or quality occur IT Project Management