What are contingency funds and management reserves what are


1. In the initiation meeting, the stakeholders will assess the risks based on probability and impact. Why is this necessary?

2. In a large company, what level of management do you think would most often be key stakeholders? How about in a small company?

3. What are Contingency funds and Management reserves? What are they used for?

4. Compare the theories of Maslow and Herzberg by creating a Postion paper.

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