18 PMF 2017 BUFFERING TIME & COST wDTREE.pdf - ESTIMATING A PROJECT MANAGEMENT RESERVE \u00a9 2013 Dr Kenneth F Smith PMP Project Management

18 PMF 2017 BUFFERING TIME & COST wDTREE.pdf -...

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© 2013 Dr. Kenneth F. Smith, PMP Project Management Fundamentals 1 ESTIMATING A PROJECT MANAGEMENT RESERVE
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ESTIMATING A PROJECT MANAGEMENT RESERVE Finally – with the project’s individual activity durations and budget estimates firmed up including contingencies based on individual activity risk probabilities You need to determine how much additional time and funding to build into the overall Project Schedule & Budget as your Management Reserve © 2013 Dr. Kenneth F. Smith, PMP Project Management Fundamentals 2
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