Multiple Choice
A contingency amount can be (circle one) :
A) applied to individual activities or work packages
B) applied to the project as a whole
C) continually increased to cover cost escalation
D) all of the above
E) a and b only.
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q3: Statement: The majority of a system's life
Q4: If the actual cost turns to be
Q5: Which method provides the least accuracy when
Q6: Statement: A time-phased budget shows project costs
Q7: Statement: The project cost estimate is derived
Q9: The major problem with using traditional budgets
Q10: Statement: The feasible budget region is developed
Q11: Statement: Life cycle costs are the same
Q12: The estimate providing the best accuracy for
Q13: Statement: The parametric method of cost estimating