Total cost of the Project

PM has budgeted the total cost of the project by considering the aggregated cost of each element required and ______ costs.

1)      Unknown known AND known unknown

2)      Known Unknown AND unknown unknown

3)      Known known AND   unknown unknown

4)      unknown unknown AND unknown known

 

cnppmp's picture

Option2: Known / Unknown stands for Contingency reserve and Unknown / Unknown stands for managemnt reserve


Regards


 


CN Patil