Solved

A Contingency Rate of 10% on a Building Project Budgeted

Question 19

Multiple Choice

A contingency rate of 10% on a building project budgeted at $20 million means the project organization is hoping to bring the project in for around:

A) $22 million.
B) $2 million.
C) $18 million.
D) $200 million.

Related Questions

Q12: An allocation of extra funds to cover

Q14: A systems analyst is paid at the

Q21: Juan Valdez trades in his old

Q37: A plan that identifies the allocated resources,the

Q39: A learning rate of 90% means that

Q54: Material is an example of a cost

Q81: A time-phased budget allocates costs across both

Q82: Which of these estimates should be the

Q93: Provide examples and discuss the differences between

Q98: The order of magnitude cost estimate is