Ask Question
2 December, 09:07

During execution of a project, an identified risk event occurs thatresults in additional cost and time? The project had provisions forcontingency and management reserves. How should these beaccounted for?

A. Contingency reserves

B. Residual risks

C. Management reserves

D. Secondary risks

+2
Answers (1)
  1. 2 December, 10:30
    0
    A. Contingency reserves

    Explanation:

    Whereas Management reserves refer to an appropriation to account for unidentified risk, contingency reserves refers to appropriation to account for identified risk.
Know the Answer?
Not Sure About the Answer?
Find an answer to your question ✅ “During execution of a project, an identified risk event occurs thatresults in additional cost and time? The project had provisions ...” in 📘 Business if you're in doubt about the correctness of the answers or there's no answer, then try to use the smart search and find answers to the similar questions.
Search for Other Answers