Question: Please describe how reserves are calculated for your projects. If you have not or do not work in a project environment, then find a relevant

Please describe how reserves are calculated for your projects. If you have not or do not work in a project environment, then find a relevant article or example to answer the question below (be sure to cite any outside sources).

In your response, consider answering the following questions:

Who determines how much should be requested? What methods are used to determine the amount? Who approves the amount? When are reserves used on a project? What are the strengths and weaknesses of your company's method?

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