Contingency funds (risks)

1.

These funds are directly linked to certain risks.

2.

These funds are not allocated to the project from the start. They are merely reserved.

3.

Should a risk realise, the relevant funds become available.

Contingency funds (other)

1.

This amount will be minimal if the project planning has been done properly.

2.

This is used, for example, to absorb small price fluctuations.

Other initiation documentation

Initiation process

Template: Initiation

Guidelines: Initiation template

Guidelines: Validation of assumptions

Guidelines: Evaluation of constraints

Guidelines: Contingency funds

Template: Risk log

Guidelines: Risk log template

Guidelines: How to determine risk

Guidelines: Checklist