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Evaluating risks and contingencies in a bidding process for the purpose of procuring a budget for unanticipated expenses or add-ons is called a(n): (LO5,3) Reserve

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Evaluating risks and contingencies in a bidding process for the purpose of procuring a budget for unanticipated expenses or add-ons is called a(n): (LO5,3) Reserve Analysis Vendor Bid Analysis Quality Analysis Contingency Planning An Earned Value Analysis of costs usually compares: (LO5.3) Budgeted Costs with Actual costs Actual Costs with Account Balances Budgeted Costs with Cash Flow Cash Flow with Actual Costs

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