AI Powered Contingency Planning App

The Contingency Planning in Praxie’s AI Workspace turns expert methodology into a practical, team‑ready workflow. Use guided templates and input forms to capture the right data, then visualize insights with clear, purpose‑built views. Collaborate securely in a shared workspace with role‑based access and version history, so everyone operates from a single source of truth. With Universal Context Technology (formerly “data grid”), your live workspace data becomes the context for every LLM query—delivering precise, current, and business‑aware answers. Score risks by probability and impact, then convert high‑priority items into mitigation plans with triggers, owners, and timelines. Move from fragmented documents to a unified process that speeds alignment and drives confident decisions.

Contingency Planning Best Practices

The Contingency Planning is a methodical and systematic process for preparing for and developing a course of action in the face of unexpected events that can adversely impact your business.

More about Contingency Planning

Description of Contingency Planning

The seven steps in the Contingency Planning should be followed in this order:

  • Step 1: Establish Organizational Vision. Before creating a new vision statement, it is important to assess the current state of the organization to determine how far away it is from what it is envisioned to be. This assessment involves examining current policies, organizational hierarchies, current long-term goals, and older mission and vision statements.
  • Step 2: Develop Breakthrough Objectives. A breakthrough objective is the large-scale change that the organization wants to make that should take roughly three to five years to implement. Identifying these larger changes involves exploring new areas in the industry, new clientele, etc.
  • Step 3: Develop Annual Objectives. This stage involves breaking the larger goals into smaller goals for the year.
  • Step 4: Deploy Annual Objectives. After identifying the yearly goals, break them down into actionable items for each department or individual in the company. In this way, every level of the organization is collectively working toward achieving the breakthrough objectives. Breaking it down in this way helps to align and integrate every level of the company. Additionally, progress toward smaller goals should be monitored and completion dates should be cataloged to record progress towards the breakthrough objective.
  • Step 5: Implement Annual Objectives. At the end of each year, the smaller tasks that are needed to implement the annual improvements should be completed.
  • Step 6: Conduct Monthly Reviews. Keeping detailed records of smaller task completion will help to determine how successful the organization is in meeting its larger goals and will also help to identify any changes to current tasks or new projects that need to be added to the strategy. Having a meeting every month helps to keep everyone accountable for getting their work done efficiently and on time.
  • Step 7: Conduct Annual Reviews. Meetings should also be held at the end of the year to determine how far off target the organization is from reaching its breakthrough objectives. Keeping track of this progress will help to determine what should be done differently the following year.

Praxie's Online Contingency Planning Tools & Templates

The new online Contingency Planning template from Praxie is used by strategy teams to improve communications throughout the company while also reducing the waste created by poor direction or bad management at any level. The Balanced Scorecard and SWOT analyses can be used to complement the Contingency Planning. Specific metrics and data analyses are often needed to assess progress around cascading Contingency Plannings.  

The Contingency Planning is a methodical and systematic process for preparing for and developing a course of action in the face of unexpected events that can adversely impact your business. Get started with our Contingency Planning template. 

How to use it: 

  1. Define situation, objectives, goals, and strategies at the company level.  
  2. Use the same template to cascade objectives to departments and teams.​ 
  3. Create an action plan for completing the Contingency Planning Process. 

Unlike most traditional Contingency Planning techniques, Praxie’s online Contingency Planning tools allow any team or organization to instantly begin working with our web templates and input forms. Our digital platform goes far beyond other software tools by including progress dashboards, data integration from existing documents or other SaaS software, elegant intuitive designs, and full access on any desktop or mobile device.