I did not, but now that I know more about project management — PMP® specifically — I can probably answer that for you. Risk management. Which in the real world

I did not, but now that I know more about project management — PMP® specifically — I can probably answer that for you. Risk management. Which in the real world actually means something, unlike those horribly pointless risk workshops your PM makes you turn up to. The work package that contained the concrete truck would have assigned to it a risk. These risks have been carefully thought out ahead of time. I dare say in the building industry they re-use them. What an idea! Learning from your past. Anyway. So the risk here is that ‘the truck gets stuck in an accident’, and that risk has a rating. An amount of money is assigned as a reserve to this risk in the event that it happens. This money is part of the project’s budget but ideally you never spend it. But it’s there. So if the bad thing happens — freeway accident — the PM pulls out their risk register, looks it up, calls the boss, says “hey that risk eventuated, we need to use that reserve”, the funds are released, and the risk mitigation is initiated.