Question: It is the reserve allocated within the cost baseline for identified risks. It is used for known risks identified. The budget is to address the
It is the reserve allocated within the cost baseline for identified risks. It is used for known risks identified. The budget is to address the known-unknown. It can be a percentage of estimated cost, a fixed number . To address the known-unknown and to address the unknown-unknown the reserves allocated are?
A. Management, unknown.
B. Contingency, schedule.
C. Management, contingency.
D. Contingency, management.
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
