A contingency plan, or alternate plan, also known colloquially as Plan B, is a plan devised for an outcome other than in the usual plan. It is often used for risk management for an exceptional risk that, thoNew content will be added above the current area of focus upon selectionA contingency plan, or alternate plan, also known colloquially as Plan B, is a plan devised for an outcome other than in the usual plan. It is often used for risk management for an exceptional risk that, though unlikely, would have catastrophic consequences.Wikipedia