Business Studies, asked by mujeebrehmanm1999, 2 months ago

How would you recognize the importance of using contingency funds for cost estimation, budgeting and control

Answers

Answered by rajvijay07

Explanation:

A contingency budget is money set aside to cover unexpected costs during the construction process. This money is on reserve and not allocated to one area of the work, and simply “insurance” against other costs.

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