Archives of Directives

Buried Contingency

Some estimators have sought to hide contingency estimates in order to protect the project so that the final project does not go over budget because the contingency has been removed by outside sources. This is commonly known as buried contingency.
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Definition 1

Some estimators have sought to hide contingency estimates in order to protect the project so that the final project does not go over budget because the contingency has been removed by outside sources. This is commonly known as buried contingency.

CategoriesFinance, Procurement
Term OPIPM - Office of Project Management Oversight and Assessments
Definition typeDefinition
RelatedSources

Source 1:

DOE G 430.1-1, Cost Estimating Guide
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