Tag Archives: Management Reserve

How to budget for project risk management? Part 3

This is the third article of a 3-part series on the money aspects for project risk management, including a discussion on estimating, budgeting, contingency and management reserve. In this article we discuss the response cost.

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How to budget for project risk management? Part 2

This is the second article of a 3-part series on the money aspects for project risk management, including a discussion on estimating, budgeting, contingency and management reserve. In this article we discuss the management cost.

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Cost for Project Risk Management

How to budget for project risk management? Part 1

In this article we start a 3-part series on the money aspects for project risk management, including a discussion on estimating, budgeting, contingency and management reserve.

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What Makes a Good Project Estimate

It has been our observations that estimating is still more of guesswork rather than using proper techniques and leading practices. Estimating is also directly related to the project management maturity of an organization. In the general context, estimating refer to process of developing cost and time estimates – a time estimate is also called a schedule. In this article, we focus on cost estimating. Continue reading