Question: Remember a work week has 5 days and a month 22 days. Summary Table Project Facts Detail Project Duration 6 Months Project Budget $100,000 Contingency
Remember a work week has 5 days and a month 22 days.
| Summary Table | |
| Project Facts | Detail |
| Project Duration | 6 Months |
| Project Budget | $100,000 |
| Contingency Reserve | $15,000 |
| Management Reserve | $10,000 |
| Total EMV Duration (From Risk Register) | 22 Days |
| Total EMV Costs (From Risk Register) | ($13,500) |
| Question | Answer |
| Are the cumulative EMV costs lower, equal to or more than the contingency reserve? |
|
| What is the $$ gap between the contingency reserve and the cumulative EMV costs. | $ |
| A new opportunity is recorded, the EMV analysis is: EMV Cost = $4,500 EMV Duration = (5.5) days |
Updated Total EMV Cost: $
Updated Total EMV Duration: |
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