"Developing the Project Budget" Please respond to the following: Discuss the indirect costs that an IT project may encounter during the execution phases. Discuss how these may be evaluated and included in the project budget during the planning phases of the project. Describe the relationship between contingency reserves and effective risk management. Provide examples on items that would be included within the contingency reserve of a project .

1. "Developing the Project Budget"
Please respond to the following:
Discuss the indirect costs that an IT project may encounter
during the execution phases. Discuss how these may be
evaluated and included in the project budget during the planning
phases of the project.
Describe the relationship between contingency reserves and
effective risk management. Provide examples on items that
would be included within the contingency reserve of a project