Contingency Costs in the Project Costs Estimate, Also Referred to as ____

Multiple Choice

Contingency costs in the project costs estimate, also referred to as ____, are to cover unexpected situations that may come up during the project, such as items that may have been overlooked when the initial project scope was defined, activities that may have to be redone because they may not work the first time (redesigns) , or a high probability or high impact risk that may occur.

A) auxiliary funds
B) withholding
C) reserves
D) capital funds