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Contingency plan

A contingency plan, or alternate plan, also known colloquially as Plan B, is a plan devised for an outcome other than in the usual (expected) plan.[1] It is often used for risk management for an exceptional risk that, though unlikely, would have catastrophic consequences.

  1. ^ "Definition in the websters dictionary". Merriam-webster.com. Retrieved 2014-01-19.

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