A large infrastructure program has three component projects. Project 1 is being built in collaboration with a vendor company and has a high-level risk that could delay the timeline and increase the costs of two of the three projects. Project 1 could also delay the program delivery date. Fortunately, the program team reviewed the program management plan and realizes there are contingency reserves at the program and project levels. What should the program manager do to utilize the contingency reserves?
Select one answer.
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