Contingency/kənˈtɪndʒənsi/ Definition 1 of 3Pro Tip 1/3Dependent Scenario Refers to a scenario that relies on other events to occur. We should consider the contingency that the project extends past its deadline. Pro Tip 2/3Potential Problem Often implies readiness for unforeseen problems. Our contingency plans for severe weather will keep us safe. Pro Tip 3/3Not Guaranteed A contingency is not certain but possible. A contingency for heavy traffic might make us late.