Funds that are for identified risks that have a low probability of occurring and that decrease as the project progresses are called ______ reserves.
A) management
B) unidentified risk
C) contingency
D) padded
E) just in case

Question

Quizplus · Accepted Answer

Contingency reserves are funds set aside to cover identified risks with low probability, and they typically decrease as the project progresses and risks are mitigated or resolved.

Funds That Are for Identified Risks That Have a Low