While working on a project, a project team proactively implements risk management processes. However during execution of a project, an identified risk event occurs that results in additional cost and time. The project had provisions for contingency and management reserves.
How should these be accounted for?
A. Contingency reserves
B. Residual risks
C. Management reserves
D. Secondary risks
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How should these be accounted for?
A. Contingency reserves
B. Residual risks
C. Management reserves
D. Secondary risks
Know the answer? Visit newinpm.com to learn Project Management