Contingency Costs in the Project Costs Estimate, Also Referred to as ____

question 102

Multiple Choice

Contingency costs in the project costs estimate, also referred to as ____, are to cover unexpected situations that may come up during the project, such as items that may have been overlooked when the initial project scope was defined, activities that may have to be redone because they may not work the first time (redesigns) , or a high probability or high impact risk that may occur.

• A) auxiliary funds
• B) withholding
• C) reserves
• D) capital funds

---

Definitions:

Revising for Clarity

The process of editing and altering content to make the intended message clearer and more comprehensible to the reader.

Revising for Conciseness

The process of editing written material to eliminate unnecessary words, making the text clearer and more direct.

Long Sentences

A writing style in which sentences comprise a large number of words and potentially multiple clauses, often used to convey complex ideas.

Typefaces

Designs of lettering and characters that give text a distinct appearance and style.