Program Contingency Reserves
Program contingency reserves are estimated costs to be used to deal with anticipated, but not certain, events. These events are known unknowns and are part of the program scope and cost baselines. The contingency reserve is calculated by multiplying the probability and the impact for the risk event value for each risk event. The sum of the risk events equals the contingency reserve for the program.
About Mark Smith
I am passionate about reading. I love to read anything, whether it is an article, a blog post, an advertisement, a piece of old newspaper, anything. I am a full-time trainer and love to interact with people. I enjoy what I do and love the world.
I request all the readers go green. Plant a tree to make a day memorable. Plant a tree on your Birthdays, Anniversaries, your child's birthdays, etc. Spread these words, lots of trees is to be planted to make our environment healthy.
