Certified Disability Management Specialist (CDMS) Practice Exam

Question: 1 / 400

What is the starting point for contingency planning?

Creating an action plan

Budget assessment

Probability assessment

The starting point for contingency planning is rooted in understanding the potential risks and uncertainties that a project or organization may face. Probability assessment serves as the foundation for contingency planning because it involves evaluating the likelihood of various scenarios or events occurring. By assessing probabilities, an organization can identify which risks are most critical to address and prioritize them accordingly.

This assessment helps in determining which contingencies to prepare for, as it informs stakeholders about where to allocate resources, which scenarios could have the most significant impact, and ultimately aids in developing an effective response strategy. As a result, probability assessment is essential because it sets the stage for all subsequent planning activities, ensuring that the organization is not only reactive but proactive in mitigating risks.

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Determining team roles

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