If three tasks in a project are estimated to cost $$1,000,$ $$5,000,$ and $$10,000$ respectively, how should $$5,000$ worth of contingency funds typically be allocated to cover variability?

$1$ point

The $$5,000$ should be allocated to the third task, since it is the highest estimated cost

The $$5,000$ should be allocated proportionally, with $$312\mathrm{.}50$ for the first task, $$1,562\mathrm{.}50$ for the second task, and $$3,125\mathrm{.}00$ for the third task

The $$5,000$ should be allocated to the project as a whole

The $$5,000$ should be split evenly between the tasks, with $$1,666\mathrm{.}66$ going to each task