High-rise building construction project

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Question

You are the project manager for a high-rise building construction project. An unforeseen wildfire has occurred in the project area, triggering an evacuation alert, and requiring an immediate halt to project work. The financial cost impact of this situation is estimated at 600,000 CAD and since the risk of wildfire was not previously identified or included in the risk register, what portion of the project budget will be allocated to cover the estimated financial cost impact?

Reference no: EM133987085

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