Multiple Choice
Project prices and budgets should include ____ to pay for additional costs associated with implementing response plans.
A) a padded budget
B) a contingency or management reserve
C) expenses for other charges in the office to help
D) extra overhead
Correct Answer:

Verified
Correct Answer:
Verified
Q49: A contingency or management reserve to pay
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
Q55: Risks are prioritized based on<br>A) the likelihood
Q56: To be able to communicate risks to
Q57: _ are a good forum for regularly
Q58: The project manager needs to set the
Q59: _ risk involves determining the likelihood that