a sponsor wants to see a contingency plan for a projects budget. what should the contingency plan…

a sponsor wants to see a contingency plan for a projects budget. what should the contingency plan contain?\na percentage of the budget on top of the original budget.\na plan to cut resources from a project in case a project goes over budget.\na plan to reduce scope in case a project goes over budget.\na plan to remove a project phase in case a project goes over budget.

a sponsor wants to see a contingency plan for a projects budget. what should the contingency plan contain?\na percentage of the budget on top of the original budget.\na plan to cut resources from a project in case a project goes over budget.\na plan to reduce scope in case a project goes over budget.\na plan to remove a project phase in case a project goes over budget.

Answer

Answer:

A. A percentage of the budget on top of the original budget.

Brief Explanations:

A contingency plan for a project's budget typically includes setting aside an additional percentage of the original budget to account for unforeseen costs. This is a common way to prepare for potential budget - overruns. The other options are more about corrective actions after going over - budget rather than part of the contingency plan itself.