Joan is the project manager of the KYU project for her company. She is working with management on defining a contingency reserve for her project. Currently the project is scheduled to last 18 months and it has a cost budget of $2.5 million. What two areas of the project can the contingency reserve address in regard to risk management?
Question:
What two areas of the project can the contingency reserve address in regard to risk management?
Options:
Quality and costs
Cost and resource management
Risk and project planning
Costs and schedule
Correct Answer
The Correct Answer for this Question is
Costs and schedule
