1. Use the Financial Contingency Plan template in Appendix B and document the financial contingency plan for Endurance Fitness. In your plan, you must include the following: At least two risks you have identified . At least three strategies to reduce risks and maximise profits that you have agreed with the team (including budget changes At least three monitoring methods for strategy At least two changes to budgets agreed with team At least two resources required to implement contingency plan (such as human resources, technology, etc.] At least two methods of staff support required to implement contingency plan (such as access to specialist advice, peer support, etc.) " At least five actions to implement contingency plan, and against each action, its prionity, the person responsible for implementing it. and monitoring frequency 2. Using the template in Appendix D. adjust the 2021 budget (including quarterly breakdown) based on the shortfall percentage you have anticipated. You must also add any line items necessary, based on contingency plan. The Microsoft Excel template contains most of formulae you require for the budget calculation. Submission requirements At the end of this part, submit the following to your assessor: Financial Contingency Plan . Revised 2021 budget