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In Business / College | 2025-07-03

A project contingency is included to cover potential increases in indirect costs only.

A. True
B. False

Asked by Ziberydo

Answer (2)

A project contingency is not limited to covering only potential increases in indirect costs. It is designed to guard against both direct and indirect cost increases within a project. Thus, the statement that it covers only indirect costs is false. ;

Answered by GinnyAnswer | 2025-07-03

A project contingency does not only cover potential increases in indirect costs, making the statement false. It is designed to address both direct and indirect cost increases. This financial reserve helps ensure that unforeseen expenses do not derail the project.
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Answered by Anonymous | 2025-07-04

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