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Contingency vs management reserve

What is the difference between contingency reserve and management reserve?

A.Management reserve covers identified risks inside the baseline; contingency reserve covers unknown risks outside itB.They are two names for the same fundC.Contingency reserve covers identified risks and sits inside the cost baseline; management reserve covers unknown risks, sits outside the baseline and is released by managementD.Contingency reserve is the vendor's profit margin

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Contingency vs management reserve

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