Question: Topic 2b: Contingency and Management Reserves What are contingency and management reserves and why are they added to sum of control account or work package

Topic 2b: Contingency and Management Reserves

Topic 2b: Contingency and Management Reserves What are contingency and management reserves and why are they added to sum of control account or work package estimates in deriving the overall pro budget? Discuss the use of contingency and management reserves in your organization. What are the typical magnitudes of these reserves? Who deter the magnitude of these reserves

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