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Discuss the different types of Management Reserves and how EMV could aide in determing "how much"...

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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

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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
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