What are contingency funds and management reserves

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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.

Reference no: EM131687564

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