What is the purpose of 'contingency' and how can access be gained to contingency funds?

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Project Management In Practice

ISBN: 9781743767320

2nd Edition

Authors: Neil Pearson, Erik W. Larson, Clifford F. Gray

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Question Posted: Apr 19, 2024 03:00 AM

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What is the purpose of 'contingency' and how can access be gained to contingency funds?

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The purpose of contingency in project management is to account for unforeseen events risks or uncertainties that may impact project scope schedule or cost Contingency funds are set aside as a buffer o...View the full answer

Project Management In Practice

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