What is the drawback of a contingency fund: O a. It is difficult to ascertain across what project activities contingency funds should be applied. O b. Normal conditions are rarely encountered. O C. That provision is made in the company plans for an increase in project cost. Od. That application to the contingency fund gives an early warning signal of a potential overdrawn budget. Oe. A recognition that the future contains both knowns and unknowns and the problems that might arise will impact the budget.

What is the drawback of a contingency fund: a. It is difficult to ascertain across what project activities contingency funds should be applied. b. Normal conditions are rarely encountered. c. That provision is made in the company plans for an increase in project cost. d. That application to the contingency fund gives an early warning signal of a potential overdrawn budget. e. A recognition that the future contains both knowns and unknowns and the problems that might arise will impact the budget