Meaning of term contingencies

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Reference no: EM1319094

1. Describe why it is necessary to develop a baseline budget for a project?

2. List and describe items that should be included when estimating activity costs.

3. Illustrate out the meaning of the term contingencies. Should contingency costs be included in a project proposal? Explain your answer.

Additional Requirements

Other Requirements: 120-160 words for each question

Reference no: EM1319094

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