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Contingency planning should include all but which of the following?

 

A. the development of schedule alternatives and work-around

B. an assessment of project shut-down liabilities.

C. the management of a contingency budget

D. The development of a contingency allowance determined by combining (layering) various estimate segments to form larger estimate segments.

E. Both1) The development of a contingency allowance determined by combining (layering) various estimate segments to form larger estimate segments, and2) the management of a contingency budget

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Question added by Muhammad Farooq , QA-QC MANAGER , AL Bawani contracting co.
Date Posted: 2017/09/23
Kibuuka Yusufu Kalijjonjo
by Kibuuka Yusufu Kalijjonjo , Assistant Accountant , Heritage Secondary School, Dar es salaam

B. Contingencies are likely incidentals that you can't determine but estimate and such estimates are budgets. "Not budgets within budgets" but additions in likely intruding and un wellcome costs.

Muhammad Farooq
by Muhammad Farooq , QA-QC MANAGER , AL Bawani contracting co.

D. The development of a contingency allowance determined by combining (layering) various estimate segments to form larger estimate segments.