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Management Reserve vs. Contingency
Inside this lesson
- Distinguish contingency reserve from management reserve
- Calculate the cost baseline and total budget correctly
- Identify who controls each reserve type
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Educational content only. This course explains project cost-control and earned-value concepts and the math behind them; it is not financial, accounting, investment, or professional project-management certification advice, makes no recommendations, and predicts no cost, schedule, or business outcomes. All figures are illustrative synthetic teaching examples. Consult a qualified professional before making project or financial decisions.