Discuss the different types of Management Reserves and how EMV
could aide in determing "how much"...
80.2K
Verified Solution
Link Copied!
Question
General Management
Discuss the different types of Management Reserves and how EMVcould aide in determing "how much" should go into a reserve, byreviewing PMBOK Guide, assigned readings. Decision trees can aideall in reviewing probable risks relating to project costs andmonetary expenditures. See
Answer & Explanation
Solved by verified expert
4.5 Ratings (818 Votes)
Management Reserves Management reserve is kind of reserve which fund unforeseen events these are not included in the performance measurement baseline its usage will sometimes requires the involvement of the sponsor it includes the amount depend on various items like the complexity of the project ability to recognize customer nature and also project fund etc Historical records plays important role in designing the
See Answer
Get Answers to Unlimited Questions
Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!
Membership Benefits:
Unlimited Question Access with detailed Answers
Zin AI - 3 Million Words
10 Dall-E 3 Images
20 Plot Generations
Conversation with Dialogue Memory
No Ads, Ever!
Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
