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PMI-RMP · Question #163
PMI-RMP Question #163: Real Exam Question with Answer & Explanation
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Risk Strategy and Planning
Question
Joan is the project manager of the KYU project for her company. She is working with management on defining a contingency reserve for her project. Currently the project is scheduled to last 18 months and it has a cost budget of $2.5 million. What two areas of the project can the contingency reserve address in regard to risk management?
Options
- AQuality and costs
- BCost and resource management
- CRisk and project planning
- DCosts and schedule
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Topics
#Contingency reserve#Risk response planning#Cost risk#Schedule risk