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Management Contingency Reserve is identified in which process?

 A. Determine Budget B. Estimate Costs C. Estimate Activity Durations D. Estimate Activity Resources

 

Contingency Planning Cost Management Project Management
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Question added by Muhammad Farooq , QA-QC MANAGER , AL Bawani contracting co.
Date Posted: 2018/01/24
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Shaikh Subahan
by Shaikh Subahan , PMO & DEV-OPS SUPPORT , Etisalat Telecommunications

It will come under Cost Management Process so the option B. Estimate Cost is the correct option.

Zaferullah Sharief, PMP®
by Zaferullah Sharief, PMP® , Project Manager , Huawei Technologies

Option B is the correct choice.

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

Answer: BExplanation: The difference between the Cost Baseline and Funding requirement at Project completion is Management Contingency Reserve. Management Contingency Reserve is identified in Estimate Costs process.

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