Project Prices and Budgets Should Include ____ to Pay for Additional

question 54

Multiple Choice

Project prices and budgets should include ____ to pay for additional costs associated with implementing response plans.

• A) a padded budget
• B) a contingency or management reserve
• C) expenses for other charges in the office to help
• D) extra overhead

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Definitions:

Logistical Problems

Challenges associated with planning, implementing, and controlling the efficient flow and storage of goods, services, and related information from point of origin to point of consumption.

Common Experiences

Common experiences refer to events or situations that are shared by a large number of people, leading to a sense of community or understanding among those who have undergone similar circumstances.

Consequence

The outcome or result that naturally follows an action, inaction, or occurrence.

Generation

A group of individuals born and living contemporaneously, sharing similar social, cultural, and economic circumstances.