Project Management

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What is difference between contingency fund and tolerance fund?

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SHADAV MOHAMMAD ANSARI PMO| ITC INFOTECH INDIA PVT. Ltd. New Delhi, Delhi, India
What is difference between contingency fund and tolerance fund?
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Luis Branco CEO| Business Insight, Consultores de Gestão, Ldª Carcavelos, Lisboa, Portugal
One is related to the project and the other is related to the management
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SHADAV MOHAMMAD ANSARI PMO| ITC INFOTECH INDIA PVT. Ltd. New Delhi, Delhi, India
Noted with thanks..
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Collins Aluga Quantity Surveyor| MCK Contract Services Ltd Nairobi, Nairobi, Kenya
Never heard of tolerance fund.What is that?
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1 reply by Steve Ratkaj
Sep 26, 2019 3:13 PM
Steve Ratkaj
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Exactly. I've heard of management reserve.
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Steve Ratkaj Ontario, Canada
Sep 26, 2019 12:56 AM
Replying to Collins Aluga
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Never heard of tolerance fund.What is that?
Exactly. I've heard of management reserve.

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