On a Back of an Envelope

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Posted on 29/08/2025 by mike.black@aceitpublishing.com

Contingency

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Deliberate buffer (time, budget, or resources) added to absorb uncertainty. Unlike float, contingency is a planned safeguard.

Related Articles:
  • Glossary: Float (Slack)
  • Glossary: Quantitative Risk Analysis
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Related Terms:
  • Term: Uncertainty
  • Term: Contingency

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