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You are leading a high-rise tower construction project in NYC. It is a modern design with glass exteriors to enhance the view. The mayor has
You are leading a high-rise tower construction project in NYC. It is a modern design with glass exteriors to enhance the view. The mayor has just imposed a new tax on all new construction with glass exteriors and a tax reduction for buildings made of 80% concrete. After a risk analysis, your team and the project sponsor decide the glass exteriors should be replaced with 90% concrete. This will greatly increase the cost of the project. Where will the funds come from?" contingency reserves risk budget cash flow of the project when it is completed management reserves
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