What are the two types of justifiable?

1
0
-1

What are the two types of justifiable reserve that may be used on a project?

1292 views.
Answer
2 answers

1
0
-1

Contingency Reserve & management Reserve

1
0
-1

Both the contingency reserve, for “known unknowns,” and the management reserve, for “unknown unknowns,” are developed by using quantitative data and historical information and, therefore, provide justifiable reserves

Related content

Project Management + 1 more Views: 763 Votes: 0 Answers: 0
Communications + 1 more Views: 1,251 Votes: 0 Answers: 1
Communications + 2 more Views: 856 Votes: 0 Answers: 0
Budget + 2 more Views: 1,262 Votes: 0 Answers: 1