________ are excess amounts of time, money, resources, and so on that are approved for the project and are used only if necessary in order for the project to finish as originally planned.
A) Fallback plans
B) Contingency plans
C) Contingency reserves
D) Budget runovers

Question

Quizplus · Accepted Answer

Contingency reserves are excess amounts of time, money, resources, and so on that are set aside for the project and are used only if necessary for the project to finish as originally planned. Fallback plans and contingency plans are specific action plans in case of specific risks, while budget runovers are funds that exceed the original budget. Therefore, the best choice is C, contingency reserves.

________ Are Excess Amounts of Time, Money, Resources, and So