To determine the etymological origin of the two main words that shape the term in question we have to go to Latin. Thus, in this language we find the fact that the plan comes from the word planus which can be translated as "flat".
Meanwhile, contingency emanates from the concept contingent which is the result of the union of three parts: the prefix with- which is equivalent to "meeting", the verb tangere which is synonymous with "touching" and finally the suffix -gum that it can be determined that its meaning is equal to "quality".
A contingency plan it's a kind of plan preventive, predictive and reactive. It presents a strategic and operational structure that will help control a emergency situation and minimize its negative consequences.
The contingency plan proposes a series of alternative procedures to the normal operation of a organization , when any of its usual functions is impaired by an internal or external contingency.
This kind of plan, therefore, tries to guarantee the continuity of the operation of the organization against any eventuality, whether material or personal. A contingency plan includes four basic stages: evaluation, planning, feasibility testing and execution.
Specialists recommend planning when not yet necessary; that is, before the accidents . On the other hand, a contingency plan must be dynamic and must allow the inclusion of alternatives to new incidents that could occur over time. Therefore, it must be updated and reviewed periodically.
A contingency plan also has to set certain strategic objectives and a action plan to meet those goals.
Specifically, we can establish that any contingency plan must be shaped in turn by three other plans that will be those that establish the measures to be carried out, the threats faced and the time they are established.
In the first place, there is the backup plan that is the one that is responsible for determining what are the prevention measures, that is, those that have to be carried out with the clear objective of preventing the materialization of a threat in particular.
Secondly, the emergency plan is also integrated into what is the emergency plan, which, as its name implies, is made up of the set of actions that must be carried out during the materialization of the threat and also after it. . And it is that thanks to those will be able to reduce and end the negative effects of that.
And thirdly is the recovery plan that is carried out after the threat with the clear objective of recovering the state in which things were before it became real.
In the computing , a contingency plan is an alternative program for a company to recover from a computer disaster and restore operations quickly. These plans are also known by the acronym DRP , of English Disaster Recovery Plan .
A DRP program includes a backup plan (which is done before the threat), an emergency plan (which is applied during the threat) and a recovery plan (with the measures to apply once the threat has been controlled) .