Do you need customer support or technical assistance? Click here to submit a support ticket...

TOPIC: Is Change Request required to change Management Reserve?

Is Change Request required to change Management Reserve? 3 months 1 week ago #17404

  • Tongan Wang
  • Tongan Wang's Avatar Topic Author
  • Offline
  • Fresh Boarder
  • Fresh Boarder
  • Posts: 1
  • Thank you received: 0
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? 3 months 4 hours ago #17499

  • Cynthia Lim Louis, PMP
  • Cynthia Lim Louis, PMP's Avatar
  • Offline
  • Moderator
  • Moderator
  • Posts: 80
  • Thank you received: 16
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.
Moderators: Yolanda MabutasScott GillardMary Kathrine PaduaSteven Mudrinich, PMPCynthia Lim Louis, PMPTracy Shagnea, PMPPatrick Floris PhD PMPJoe PangJohn Paul BugarinJason YorekLuke HoSimone ChristieAmy MartinezDaniel DewartEmily Rivera

OSP INTERNATIONAL LLC
OSP INTERNATIONAL LLC
Training for Project Management Professional (PMP)®, PMI Agile Certified Practitioner (PMI-ACP)®, and Certified Associate in Project Management (CAPM)®

Login
Boost Your PMP Exam Prep in Only Eight Hours! Join the Live PMP Coaching Class on August 24/25 for just $179. Click to learn more... OR Click to watch a free session...