Question: If a project has 5 different phases which cost the following amounts. If contingency reserve is 10% and management reserve is 5%, what is the
If a project has 5 different phases which cost the following amounts. If contingency reserve is 10% and management reserve is 5%, what is the cost budget for the project?

$27,000
$29,700
$31.050
$31,185
Phase 1 Phase II Phase III Phase IV Phase V $3,000 $4,000 $10,000 $6,000 $4,000Step by Step Solution
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