An Allocation of Extra Funds to Cover Uncertainties and Improve

question 53

Multiple Choice

An allocation of extra funds to cover uncertainties and improve chances that the project can be completed within the timeframe originally specified is a:

• A)setback.
• B)budget contingency.
• C)reallocation budget.
• D)reserve line budget.

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Definitions:

Familiarity

A psychological concept referring to the level of recognition and comfort an individual has with a particular subject, object, or person.

Primacy Effect

The tendency to remember and give more weight to information that we encounter first in a sequence.

Physical Attractiveness

A perception of beauty or aesthetic appeal of an individual, significantly influenced by societal standards and personal preferences.

Mate Selection

The process by which individuals choose a partner based on a variety of factors including personal preferences, cultural influences, and social norms.