Question: 2. Risk. If the proposed project involves an endeavor that has not been undertaken before, such as a research and development project to come up

2. Risk. If the proposed project involves an endeavor that has not been undertaken before, such as a research and development project to come up with a drug to control a disease, it may be necessary to include a large amount of management or contingency reserve funds.

Step by Step Solution

3.41 Rating (148 Votes )

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Project Management Questions!