Contingency is the allocation of resources to cover assessed risk elements or a special monetary provision in the Project Budget and Indicated Total Cost to cover uncertainties or unforeseeable elements of time and/or cost within the specified scope of work and services control.

Contingency is the allocation of resources to cover assessed risk elements or a special monetary provision in the Project Budget and Indicated Total Cost to cover uncertainties or unforeseeable elements of time and/or cost within the specified scope of work and services control.

  • True
  • False

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