Although many people use the terms "contingency plan" interchangeably with "workaround", they are not the same. The difference between the two terms is related to whether the problems being handled were identified ahead of time or not. Contingency plans are made based on potential risks that are identified that could derail a project. Workarounds are responses to problems that develop while the project is being worked that were never identified.
http://www.pmhub.net/wp/2011/03/cornelius-fitchner-contingency-plan-vs-workaround/ --
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