Certified Associate in Project Management (CAPM) — Question 312

How can a project manager represent a contingency reserve in the schedule?

Answer options

• A. Additional weeks of work to account for unknown-unknowns risks
• B. Task duration estimates of the best case scenarios
• C. Additional duration estimates in response to identified risks that have been accepted
• D. Milestones representing the completion of deliverables

Correct answer: C

Explanation

The correct answer is C because it directly pertains to adding time in the schedule for risks that have been acknowledged and accepted, which is the essence of a contingency reserve. Other options either misinterpret the concept of a contingency reserve or refer to unrelated elements in project management.