Question: The project has done its risk analysis. In the process of risk identification the project team has determined that there are risks that will probably
The project has done its risk analysis. In the process of risk identification the project team has determined that there are risks that will probably happen that have not been identified or evaluated except by noting that other projects of this type have historically had a certain amount of risk discussed in the lessons learned of the project. This project team should set aside money to handle these risks in which financial category?
a. Risk management fund
b. Contingency budget
c. Management reserve
d. Emergency fund
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