WebSynonyms for CONTINGENCY: possibility, event, contingent, contingence, case, eventuality, probability, accident, risk, hazard WebMoreover, contingency in construction is an aspect of risk management to ensure projects can progress without delay. It helps mitigate surprise costs due to numerous factors. For example, bad weather or material price fluctuations. So, most contractors calculate contingencies in their budget from the very beginning.
Contingency - definition of contingency by The Free Dictionary
Webcontingency: [noun] a contingent event or condition: such as. an event (such as an emergency) that may but is not certain to occur. something liable to happen as an … WebDec 10, 2024 · A contingency plan details how a company responds if a disruptive situation occurs. Learning about contingency planning can help you create plans that align with … map of publix locations
Contingency fee Definition & Meaning - Merriam-Webster
WebOct 23, 2012 · Contingency, an amount of funds added to the base cost estimate to cover estimate uncertainty and risk exposure, is a topic of interest for both project managers … WebSouthwest Power Pool, Inc. Steady State Contingency Naming Convention 6 EXAMPLES: “P11:345:AEPW: Optional Descriptor(s)” (Generator Contingency) (Contingency Type: … WebSentence Examples. It would be imprudent of the Pentagon not to be developing contingency plans. The report shows civil servants are making contingency plans for an influx of 14m new arrivals. These two amounts should be added together plus some cushion for unforeseen contingency. The meetings also involve the contractor in the … map of pubg