How to Estimate and Use Management Reserve

Featuring Mark Infanti

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(plus $10 application fee)
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Premium Content
PMI Membership
$129 /year
(plus $10 application fee)
Sign up to view this on-demand webinar and get unlimited access to our library of webinars, time-saving templates and more.
PMI Membership perks include job opportunities, local chapters, respected publications, and standards.   Learn more
Already a PMI Member? Log in now.
65m 41s
Duration
1.00
PDUs
581
Views

Overview

When using an Earned Value Management System (EVMS), Management Reserve (MR) is both expected and considered a best practice. But the lack of understanding of MR and its use extends from government agencies to contractors. MR is an integral part of an EVM System. MR should be part of the original project estimate, but how much should you plan and how do you use MR to manage your project. This presentation discusses how MR is established (risk based) and subsequently used to keep a program on track. It also covers the common issues/misunderstandings and how to deal with them.

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