Which of the following is true of contingency reserves?
A)They allow for future situations that can be partially planned for.
B)They are also known as unknown unknowns.
C)They are not included in a cost baseline.
D)They allow for dollar amounts to be used to cover existing, fixed costs.

Question

Which of the following is true of contingency reserves?
A)They allow for future situations that can be partially planned for. 
B)They are also known as unknown unknowns. 
C)They are not included in a cost baseline. 
D)They allow for dollar amounts to be used to cover existing, fixed costs.

Quizplus · Accepted Answer

Contingency reserves allow for future situations that may be partially planned for (sometimes called known unknowns) and are included in the project cost baseline.

Which of the Following Is True of Contingency Reserves