Multiple Choice
A contingency or management reserve to pay for additional costs associated with implementing response plans should be
A) absorbed as a cost of doing business.
B) planned into the project prices and budgets.
C) requested to be paid by the project sponsor in addition to the costs of doing the project.
D) added to the budget of the next project with the same sponsor.
Correct Answer:

Verified
Correct Answer:
Verified
Q44: _ involves identifying, assessing, and responding to
Q45: Addressing risks _ will increase the chances
Q46: A risk is an uncertain event that,
Q47: A risk is an uncertain event that,
Q48: How do the initial risks identified change
Q50: Risk management involves identifying, assessing, and responding
Q51: _ involves regularly reviewing the risk management
Q52: The project team can progressively elaborate and
Q53: A common approach to identifying the sources
Q54: Project prices and budgets should include _