What Is Contingency Reserve?

1.	What Is Contingency Reserve?
Answer» This is a planned amount of money (or TIME) added to the PROJECT COST (or time) estimate to SERVE as a “project RISK” buffer. Contingencies are responses to specific risks which has been pre-identified by the project. This is a planned amount of money (or time) added to the project cost (or time) estimate to serve as a “project risk” buffer. Contingencies are responses to specific risks which has been pre-identified by the project.

Answer»

This is a planned amount of money (or TIME) added to the PROJECT COST (or time) estimate to SERVE as a “project RISK” buffer. Contingencies are responses to specific risks which has been pre-identified by the project.

This is a planned amount of money (or time) added to the project cost (or time) estimate to serve as a “project risk” buffer. Contingencies are responses to specific risks which has been pre-identified by the project.

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What Is Contingency Reserve?

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