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TOPIC: Is Change Request required to change Management Reserve?

Is Change Request required to change Management Reserve? 1 year 6 months ago #17404

  • Tongan Wang
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In Lession L07.03: Determine Budget - Part 2, 21:19
"Which of the following does not need a change request to modify its value after it is approved?"
"The correct answer is B: Mangement Reserve"

However, in Self_Assessment_07_Cost, the explanation under Question 13 says "B.) ... but increasing manager reserve requires a change request...".

So is change request required to change managment reserve?

Thanks for your help in advance.

Is Change Request required to change Management Reserve? 1 year 6 months ago #17499

  • Cynthia Lim Louis, PMP
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Management reserve is the amount reserved for unknown unknown risks that is held by the management. It is not included in the baselines. However, if you need to use the management reserve to increase the project manager's reserve which could affect the baselines, you will require a change request.

Is Change Request required to change Management Reserve? 1 year 2 months ago #18559

  • Mindy Lendrum
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Thank you for the question and the response. Was just beating my head against the wall trying to understand how both could be correct. Thanks!

Is Change Request required to change Management Reserve? 1 year 2 months ago #18564

  • Anonymous
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thanks for the answer . I'm , however, still confused: what's the difference between both explanations ? ( Answer (B in Lesson L07.03 ) and the the explanation of question 13 of Self Assessment 07

Is Change Request required to change Management Reserve? 6 months 3 weeks ago #20903

  • Rostam
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If change the management reserve which is not effected base line and it is kept to assess project via trend analysis do you think it needs to create a change request? This change is not effect base line.

Is Change Request required to change Management Reserve? 6 months 2 weeks ago #21003

  • Ishita Korgaonkar
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What is project managers's reserve? Is it a portion of management reserve?
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