You have a project budget in place. And then comes the Change Request. Who pays for it? Does the money come from your Contingency Reserve or Management Reserve? How about asking the customer to pay for it? We take a look at this question in this important video.
Is Cost Baseline same as Project Budget?
Article – https://www.pmclounge.com/reserve-analysis-contingency-reserve-and-management-reserve/
Video – https://www.youtube.com/watch?v=1WUKSSuS62Y
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