The addition of geometric reconfigurability in a cable driven parallel robot (CDPR) introduces kinematic redundancies which can be exploited for manipulating structural and mechanical properties of the robot through redundancy resolution. In the event of a cable failure, a reconfigurable CDPR (rCDPR) can also realign its geometric arrangement to overcome the effects of cable failure and recover the original expected trajectory and complete the trajectory tracking task. In this paper we discuss a fault tolerant control (FTC) framework that relies on an Interactive Multiple Model (IMM) adaptive estimation filter for simultaneous fault detection and diagnosis (FDD) and task recovery. The redundancy resolution scheme for the kinematically redundant CDPR takes into account singularity avoidance, manipulability and wrench quality maximization during trajectory tracking. We further introduce a trajectory tracking methodology that enables the automatic task recovery algorithm to consistently return to the point of failure. This is particularly useful for applications where the planned trajectory is of greater importance than the goal positions, such as painting, welding or 3D printing applications. The proposed control framework is validated in simulation on a planar rCDPR with elastic cables and parameter uncertainties to introduce modeled and unmodeled dynamics in the system as it tracks a complete trajectory despite the occurrence of multiple cable failures. As cables fail one by one, the robot topology changes from an over-constrained to a fully constrained and then an under-constrained CDPR. The framework is applied with a constant-velocity kinematic feedforward controller which has the advantage of generating steady-state inputs despite dynamic oscillations during cable failures, as well as a Linear Quadratic Regulator (LQR) feedback controller to locally dampen these oscillations.