I wrote an article a few months ago about the importance of securing contingency reserves, so I didn’t expect to return to this topic so soon. However, earlier this week a discussion thread on Projectmanagement.com prompted me to write one more.
In that thread, the contributor asked which methods could be used to meet milestone dates when all schedule contingency had been stripped out by a client. The project manager is well aware of the risks of proceeding without contingency, but the client is adamant.
Contingency exists to protect a project’s success criteria from the impacts of realized
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