A contingency reserve is money assigned to the project and allocated for identified risks for which contingent responses are developed.
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Q6: Both normal and special cause variation add
Q7: Project managers should not lie to themselves
Q8: Estimate Cost is the process of developing
Q9: Plan Cost Management is the process to
Q10: Typically,expedited costs are preferred over regular costs.
Q12: On small projects,the cost management plan may
Q13: Analogous estimating is the most detailed,time consuming
Q14: The component of the project management plan
Q15: Early in a project when very little
Q16: Recurring costs tend to occur during project
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