What is contingency example?
An example of a contingency is the unexpected need for a bandage on a hike. The definition of a contingency is something that depends on something else in order to happen. An example of contingency is a military strategy that can’t go forward until an earlier piece of the war plan is complete. The contingencies of war.
What is another word for contingency?
Some common synonyms of contingency are crisis, emergency, exigency, juncture, pinch, straits, and strait. While all these words mean “a critical or crucial time or state of affairs,” contingency implies an emergency or exigency that is regarded as possible but uncertain of occurrence.
How is contingency cost calculated?
IDENTIFY AND DETERMINE POTENTIAL RISKS The easiest way to do this is to multiply the probability percentage by your estimated cost impact, providing a risk contingency for each line item. For example, a risk probability of 20% multiplied by a cost impact of $40,000 equals a risk contingency of $8,000.
What does serendipity mean?
: the faculty or phenomenon of finding valuable or agreeable things not sought for also : an instance of this.
Is Serendipity a positive word?
good; beneficial; favorable: serendipitous weather for our vacation.
What does serendipity mean in love?
Serendipity: Finding something beautiful without looking for it. So I decided to share the stories of five real life couples who restored my faith in serendipitous love in the recent past. A chance encounter with that certain someone is all that it takes to turn your life upside down.
What is the most beautiful word in the English language?
“Cellar Door” One of the most famous theories comes from Lord of the Rings author J.R.R. Tolkien, who proposed in a 1955 speech that “cellar door” is the most beautiful word (or phrase) in the English language.
How do you know if you’re meant to be with someone?
10 Ways to Know If Someone Is Meant to Be in Your Life
- You don’t have to hide any parts of yourself.
- You allow yourself to be vulnerable.
- You can share the darker sides of yourself, and vice versa.
- They help you become a better person.
- You let go of your ego in their presence.
- You don’t want to change them, and they don’t want to change you.