<u>Contingency reserve</u> is the process of understanding what potential events might hurt or enhance a particular project.
When a danger materialises, the risk response plan calls for the utilisation of the contingency reserve. The cost or schedule is increased to account for the risk's real impact, the forecasts are revised, and the contingency reserve is reduced. But the starting point stays the same.
The selection of contingency reserves is not arbitrary. They are computed using any one of several different risk assessment approaches or procedures, and they are an element of the project's cost budget. Notably, the project manager is in charge of managing the contingency reserves.
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Answer:
The correct answer to the following question will be "Compliance".
Explanation:
- Compliance seems to be a form of social control whereby a person, accepting his as well as her suggestion or recommendation, is doing what another requires themselves doing. It's like obedience even though there's no command – just a submission.
- This is the idea of creating an organizational culture or structure which often facilitates the avoidance, identification, as well as mitigation of behavioral incidents that do not adhere to either the criteria of the national, or private payer system or the morality of the healthcare organization.
Answer:
b. It refers to the actions people take after they have entered into a transaction that makes the other party to the transaction worse off.
Explanation:
Moral hazard -
It occurs when the person increases their exposure to risk in the case , when the other person bears the cost of the risks .
It can occur when the action of one of the party changes due to the detriment of the other after the financial transaction is done .
hence ,
The correct answer for Moral Hazard is ( b ) .
Answer:
Either by the congress when two-thirds of the majority vote in the House of Representatives and the Senate, <em>or</em> by a constitutional convention called by two thirds of the State legislatures.
Answer: A, the First Amendment
Explanation:
The First Amendment states that Americans have freedom of speech, press, religion, assembly, and petition. All of these but religion are social movements that could change government regulations or laws.
