Contingency reserve allocation

Risk Management

Ernest Seto Project Construction Manager| The Linde Group Houston, Tx, United States

How do you prefer to allocate contingency reserve in your projects?

1) as overall project contingency as result of quantitative risk analysis
2) as a contingency, if applicable, to each identified risk
3) as contingency in each work packages
4) others

Posted: Sep 25, 2015 1:23 PM

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Muhammad Imran Sharif Contracts Manager| Guarantee Engineers Khushab, Punjab, Pakistan

2) as a contingency, if applicable, to each identified risk

Posted: Oct 13, 2015 3:56 PM

Anonymous

Oct 13, 2015 3:56 PM

Replying to Muhammad Imran Sharif

...

2) as a contingency, if applicable, to each identified risk

Thanks! Does that work?

Posted: Mar 24, 2016 7:33 PM

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Contingency reserve allocation

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