Taking into account the managerial options implicit in a project is called:
A) Managerial oversight.
B) Tactical planning.
C) Strategic planning.
D) Contingency planning.
E) Constrained capital budgeting analysis.

Question

Quizplus · Accepted Answer

Contingency planning involves preparing for potential changes or unexpected events that could impact a project, which includes considering managerial options and responses.

Taking into Account the Managerial Options Implicit in a Project