Using reserves should always be the last option to cater to actively accepted risks/unforeseen situations. Utilizing them to accommodate CRs is never a good practice.
Contingencies reserves are values (time and cost, may be resources), which are not spared, these are always acompanied with expected values of prefixed activities.these are of indiviitieal activities.
when we talking about any change request activity, definately it has its own expected estimate and cr too.
Any change is new item/activity- and will definitely push a new bottom up provison.(estimate)
Management reseve is an emergency ((unknown unknowrn risk) reserve - while any requested change , if is the case of that then it can be utilised.
diba_perfect
Wed, 03/20/2013 - 16:09
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Using reserves should always
Using reserves should always be the last option to cater to actively accepted risks/unforeseen situations. Utilizing them to accommodate CRs is never a good practice.
~ Diba
sspawar
Thu, 03/21/2013 - 03:50
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See Contingencies reserves
See
Contingencies reserves are values (time and cost, may be resources), which are not spared, these are always acompanied with expected values of prefixed activities.these are of indiviitieal activities.
when we talking about any change request activity, definately it has its own expected estimate and cr too.
Any change is new item/activity- and will definitely push a new bottom up provison.(estimate)
Management reseve is an emergency ((unknown unknowrn risk) reserve - while any requested change , if is the case of that then it can be utilised.