Register
4:59
Stop
PMI-RMP - Contingency Planning and Reserves - Management Reserves
Expert
1/5
During a project's risk review, how should management reserves be documented in relation to unidentified risks?
a.
Listed as an optional fund that may be removed if project performance exceeds expectations
b.
Combined with contingency reserves and reported as total project buffer allocation in cost reports
c.
As a separate cost item in the budget baseline reflecting potential unknown challenges
d.
As a percentage markup applied to all itemized costs in the budget baseline for general uncertainties
Expert