3. Read the statement/s regarding contingency plans and indicate True or False. Table 16 True or false Statement True or False Risk is defined as the ability of organisations to plan for and recover from contingencies Contingency plans include methods for minimising and removing risks Contingency planning involves consulting with stakeholders and researching organisational documents to determine risk management strategies Tools like job safety analysis (JSA) should be used to assess the impact on people when dealing with new environments or processes