What role does contingency planning play in project time management?
- It allows for the allocation of extra time and resources for unforeseen events
- It ensures that the project is completed ahead of schedule
- It delays project completion unnecessarily
- It replaces the need for a project schedule
Contingency planning involves preparing for unexpected events by allocating extra time and resources. It helps mitigate the impact of delays or disruptions on the project timeline, ensuring that the project can still be completed within the planned timeframe despite unforeseen challenges.
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