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In this blog you are going to find very similar questions to the ones you will find in the real exam, make sure to read them all and leave your comments.
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Sunday, September 28, 2014

CAPM Question - Execution of a Project

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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