"A key distinction between a risk response and a contingency plan is that a response is part of the actual implementation plan, and action is taken before the risk can materialize, while a contingency plan is not part of the initial implementation plan and only goes into effect after the risk is recognized," (Larson & Gray, 2021).

1. What can happen to a project if risks and contingency plans have not been identified and planned for in the initial project plan?

2. What might a contingency plan look like?