Geeta PM Can The customer responsible for overseeing your project asks you to provide a written cost estimate that is 30 percent higher than your estimate of the project's cost. He explains that the budgeting process requires managers to estimate pessimistically to ensure enough money is allocated to projects. What is the best way to handle this? Ask for information on risks that would cause your estimates to be too low Add the 30 percent as a lump sum contingency fund to handle project risk Add the 30 percent to your cost estimate by spreading it evenly across all project activities Create one cost baseline for budget allocation and a second one for the actual project management plan 6:05 p.m