Unit 3 Discussion.docx - Reserve Time The PMBOK Guide(Sections 6.5.2.1 to 6.5.2.6 lists list various tools and techniques for estimating activity

Unit 3 Discussion.docx - Reserve Time The PMBOK...

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Reserve Time The PMBOK® Guide (Sections 6.5.2.1 to 6.5.2.6) lists list various tools and techniques for estimating activity durations. Focus on reserve analysis as a technique for estimating activity duration and answer the following questions in your post. How will you add the reserve time to your project schedule? Contingency reserves or time reserves will be added to my project to account for identified potential challenges with staffing, suppliers and/or budget changes. My project requires staffing and supply levels to be at full capacity. Since 40% of my staffing levels are provided through third party companies, there are potential fluctuations in staffing due to high turnover rates. Additionally, suppliers may fail to provide the par levels needed from unexpected occurrences such as natural disasters that may prevent transport of goods. Monetary resources are needed to ensure suppliers and employees are paid. Time reserves are needed in case there are any unexpected budget changes impacting supply and staffing levels. How much reserve time is enough?
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  • Spring '17
  • Tom Jensen

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