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contingency reserve

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Jahiru_Q
Posts: 18
Joined: Fri Nov 04, 2016 8:16 pm

contingency reserve

Postby Jahiru_Q Tue Aug 08, 2017 1:19 pm

An activity will be delay because an identified risk has occurred. PM find contingency reserve is available. Does PM need to go through change control board or he can approved this change ?

Thanks
// Jahirul
manishpn
Expert
Expert
Posts: 2041
Joined: Sat Jan 04, 2014 3:55 pm

Re: contingency reserve

Postby manishpn Tue Aug 08, 2017 3:52 pm

Jahiru_Q wrote:An activity will be delay because an identified risk has occurred. PM find contingency reserve is available. Does PM need to go through change control board or he can approved this change ?

Yes if PM is utilizing the contingency reserve than a CR should be raised to formally record how much budget is used from the contingency reserve

Thanks
// Jahirul
Br,
Manish P
PMP, PMI - ACP, SAFe Agilist
http://www.izenbridge.com/blog/7-effect ... ification/

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