What’s the Difference Between Contingency and Management Reserves?
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YouTubeBusiness Edutainment
What’s the Difference Between Contingency and Management Reserves?
In project budgeting, knowing the difference between contingency and management reserves is key to handling uncertainty wisely. - Contingency reserves cover known risks—like supplier delays or weather issues. They’re part of the project baseline and managed by the project team. - Management reserves are for unknown or unforeseen risks ...
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