Explain the Contingency Viewpoint.Give an Example

question 10

Essay

Explain the contingency viewpoint.Give an example.

---

Definitions:

Resource Planning

Involves determining what resources (time, manpower, equipment, etc.) are required to complete a project successfully.

Adjustment Factor

A multiplier used to alter or refine estimates, budgets, or values, accounting for unforeseen factors or conditions.

Aggregated

Combined from several elements into a single whole or summary.

Social Factors

Aspects of society and culture that influence people's behavior, preferences, and interactions within a project or organization.