contingency sum

简明释义

意外费用总额

英英释义

A contingency sum is an amount of money set aside in a budget to cover unexpected expenses or risks that may arise during a project or event.

应急金额是在预算中预留的一笔资金,用于覆盖项目或事件中可能出现的意外开支或风险。

例句

1.The contingency sum allowed us to proceed with the renovation without worrying about potential overruns.

这笔应急资金使我们能够在不担心潜在超支的情况下进行翻新。

2.The project manager included a contingency sum to cover unexpected expenses during the construction phase.

项目经理在建设阶段包括了一个应急资金以应对意外开支。

3.The contingency sum was essential for managing risks associated with the new product launch.

这笔应急资金对于管理与新产品发布相关的风险至关重要。

4.We set aside a contingency sum in our budget for any unforeseen circumstances that may arise.

我们在预算中预留了一笔应急资金以应对可能出现的任何不可预见的情况。

5.During the financial review, the accountant highlighted the importance of maintaining a contingency sum for emergencies.

在财务审查中,会计强调了保持一笔应急资金以应对紧急情况的重要性。

作文

In the realm of project management and finance, the term contingency sum refers to a specific amount of money set aside to cover unexpected costs that may arise during the execution of a project. This financial cushion is essential for ensuring that projects remain on track and within budget, despite unforeseen circumstances. The contingency sum serves as a safeguard against risks that could derail a project, such as sudden price increases in materials, delays caused by adverse weather conditions, or other unforeseen events that could impact the project's timeline or costs.When planning a project, it is crucial to conduct a thorough risk assessment to identify potential challenges that might occur. Based on this assessment, project managers can determine an appropriate contingency sum to allocate. This amount is typically a percentage of the total project cost, often ranging from 5% to 15%, depending on the project's complexity and the level of uncertainty involved. For instance, a construction project in a region prone to natural disasters may require a higher contingency sum compared to a straightforward office renovation.The importance of a contingency sum cannot be overstated. Without it, a project may face severe financial strain when unexpected costs arise, leading to delays, compromised quality, or even project failure. By including a contingency sum in the budget, project managers can ensure that they have the necessary resources to address issues as they come up, thereby maintaining the integrity and timeline of the project.Moreover, the management of the contingency sum requires careful oversight. It is not merely a slush fund that can be used at will; instead, it should be monitored and controlled rigorously. Project managers must keep track of how much of the contingency sum has been utilized and for what purposes. This practice not only helps in maintaining financial discipline but also aids in future project planning. By analyzing the usage of the contingency sum in past projects, managers can make more informed decisions about how much to allocate in future endeavors.In conclusion, the contingency sum is a vital component of project budgeting that allows for flexibility and resilience in the face of uncertainties. Its effective management can mean the difference between a successful project and one that falls short of its goals. As such, understanding and implementing a well-planned contingency sum is essential for any project manager aiming to deliver projects successfully and efficiently. By recognizing the potential risks and setting aside funds to mitigate them, project leaders can navigate the complexities of their projects with greater confidence and assurance.In Chinese, the term contingency sum can be translated as "应急款项", which emphasizes its role as a reserve for emergencies or unexpected situations. This understanding highlights the necessity of incorporating such financial strategies into project planning and execution, ensuring that all potential risks are accounted for and managed effectively.

在项目管理和财务领域,术语contingency sum指的是为覆盖在项目执行过程中可能出现的意外费用而预留的一定金额。这种财务缓冲对于确保项目尽管面临不可预见的情况仍然按计划进行并保持在预算内是至关重要的。contingency sum作为应对可能会使项目脱轨的风险的保障,例如材料价格的突然上涨、恶劣天气条件导致的延误或其他可能影响项目时间表或成本的意外事件。在规划项目时,进行全面的风险评估以识别可能出现的挑战至关重要。根据这一评估,项目经理可以确定适当的contingency sum进行分配。这个金额通常是项目总成本的一定百分比,通常在5%到15%之间,具体取决于项目的复杂性和不确定性水平。例如,在一个易受自然灾害影响的地区进行的建设项目可能需要更高的contingency sum,而与简单的办公室装修相比。contingency sum的重要性不容小觑。如果没有它,当意外费用出现时,项目可能会面临严重的财务压力,导致延误、质量妥协甚至项目失败。通过在预算中包含contingency sum,项目经理可以确保他们拥有必要的资源来应对出现的问题,从而维护项目的完整性和时间表。此外,contingency sum的管理需要谨慎监督。它不仅仅是一个可以随意使用的备用资金;相反,它应该受到严格监控和控制。项目经理必须跟踪已使用的contingency sum的数量及其用途。这种做法不仅有助于保持财务纪律,还有助于未来项目规划。通过分析过去项目中contingency sum的使用情况,经理们可以对未来的分配做出更明智的决策。总之,contingency sum是项目预算的重要组成部分,它允许在面对不确定性时具有灵活性和韧性。有效的管理可能意味着项目成功与否之间的差异。因此,理解和实施合理规划的contingency sum对于任何希望成功高效交付项目的项目经理都是至关重要的。通过识别潜在风险并预留资金来减轻这些风险,项目领导者可以更有信心和保证地应对项目的复杂性。在中文中,术语contingency sum可以翻译为“应急款项”,强调其作为应急或意外情况储备的角色。这种理解突显了将此类财务策略纳入项目规划和执行中的必要性,确保所有潜在风险都得到有效考虑和管理。

相关单词

contingency

contingency详解:怎么读、什么意思、用法