Question: An identified risk occurred during the execution phase and the risk owner implemented the risk response plan. The impact of the risk was higher than

An identified risk occurred during the execution phase and the risk owner implemented the risk response plan. The impact of the risk was higher than the planned impact and the risk response plan was not effective. So, you ask the risk owner to implement the fallback plan to contain the situation. To implement the fallback plan, which reserve is most likely to be utilized?

(a) Contingency reserve

(b) Management reserve

(c) Cost reserve

(d) None of the above Go to the Answer

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