New Scope Question

Submitted by lourdesstr on Tue, 07/23/2013 - 14:06

The customer requests new scope and it is approved through CR. It is not missed scope, but additional scope. There is no budget. Where does it come from? Contingency or Management Reserve? 

Thank you

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PMP / CAPM exam Question bank
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pmpnewster

Tue, 07/23/2013 - 14:28

 

Generally, if any additional (new) scope is formally approved, the funding for this should come from the customer. There would be some re-baselining done and everything will fall in its proper place. This money should not be drawn from reserves.

But, in real life, if there was a special agreement (sales ploy), then that will be a different story.

 

Is this a prep sample question, or a query to clear a doubt? If a sample question, can you pls give the four answer choices?

 

Regards.

 

lourdesstr

Tue, 07/23/2013 - 14:33

Thank you for your response. It is not a sample question just a query when I was listening to Risk tapes, they talked about reserves, but I was not sure if Contingency was just for known risks and Management reserve was just for unknown risks?

thank you.

ppalkonda1975

Tue, 07/23/2013 - 16:22

 Contingency reserves are for "Known Unknows" (here you have identified the risk but do not have any solution or response plan as of now) and Management reserves are for "Unknows Unknows"(You did not identify the risk and the risk occured, then you apply this reserve)

lourdesstr

Tue, 07/23/2013 - 19:13

Thank you!

avonag

Wed, 07/24/2013 - 08:47

No, these reserves are meant to cover risks - known unknowns and unknown unknowns. They should not be channeled out for anything else.