Estimator Question:

Download Job Interview Questions and Answers PDF

What is contingency reserve?

Estimator Interview Question
Estimator Interview Question

Answer:

This is a planned amount of money (or time) added to the project cost (or time) estimate to serve as a “project risk” buffer. Contingencies are responses to specific risks which has been pre-identified by the project.

Download Estimator Interview Questions And Answers PDF

Previous QuestionNext Question
Explain me why are manhole covers round?What is project management software?