Contingency Reserves and Management Reserves – PMP/CAPM

Contingency Reserves VS Management Reserves Reserves is a buffer in terms of Schedule or Cost while estimating is added to the estimated schedule and cost to account for risks or uncertainties both for known and unknown risks Padding is unwelcomed practice as it adds unplanned values or reserve over the output of estimations As explained in …

Contingency Reserves and Management Reserves – PMP/CAPM Read More »