The development of contingency plans involves several steps:
1. Risk Assessment: Identifying potential threats and assessing the likelihood and impact of various scenarios. 2. Stakeholder Engagement: Involving all relevant parties in the planning process to ensure a comprehensive approach. 3. Plan Formulation: Creating detailed action plans that outline specific roles, responsibilities, and procedures. 4. Review and Updating: Regularly reviewing and updating the plans to incorporate new information and lessons learned from past events.
