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Q84 Single choice

Ted is the project manager of the HRR project for his company. Management has asked that Ted periodically reviews the contingency reserve as risk events happen, pass, or are still pending.

What is the purpose of reviewing the contingency reserve?

A
It helps to evaluate if the remaining reserve is adequate for the risk exposure.
B
It helps to determine how much more funds will need to be invested in the project.
C
It helps to evaluate secondary and residual risks related to the risk responses and their costs.
D
It helps to determine the probability and impact of project risks.

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