Contingency Money Is

question 26

Multiple Choice

Contingency money is:

• A)Not formally in the project budget,but held in a separate company account for all projects.
• B)Added to the project's budget following the identification of all project costs.
• C)The first line item in any project budget at an amount dictated by company policy.
• D)Not in the project's budget,but calculated and set aside once the project budget is completed.

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Definitions:

Rewards and Costs

In social exchange theory, the benefits gained and the burdens or obligations faced in interpersonal relationships.

Social Exchange Theory

A theoretical framework that suggests social behavior is a result of an exchange process to maximize benefits and minimize costs.

Reciprocal Liking

Liking those who show that they like you.

Relationship

A connection, association, or involvement between two or more individuals.