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Constingency Funding

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"Contingency funding never survives the review process. Once upper management realizes you have built in some funds to cover risks, they will cut it out and lower the bid." What is the real message behind the quote.

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"Contingency funding never survives the review process. Once upper management realizes you have built in some funds to cover risks, they will cut it out and lower the bid." What is the real message behind the quote?

The real message behind the quote is don't keep contingency funds. The contingency funds are typically kept to mitigate ...

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Hatim Baxamusa, MBA
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  • BSc , University of Calcutta
  • MBA, Eastern Institute for Integrated Learning in Management
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