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P50, P80 & Contingency
Inside this lesson
- Identify P50 as the median and P80 as the 80th percentile of the distribution.
- Compute the contingency reserve as P80 minus P50.
- State the budget at an 80% confidence level as the P80 value.
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Educational content only. This course explains business and project risk-analysis concepts and the math behind them; it is not financial, accounting, investment, or professional certification advice, makes no recommendations, and predicts no cost, schedule, cash, or business outcomes. All figures are illustrative synthetic teaching examples. Consult a qualified professional before making financial or business decisions.