Glossary term
What is Contingency reserve?
In Apex Flow Academy, "Contingency reserve" means: Money set aside inside the budget for risks you have named. It is taught in Project Management and Agile: Run Projects That Ship. Related terms include Three-point estimate, Management reserve, Float and Risk. Every Apex Flow Academy course lists the official sources it checked.
- 1 course teaches it
- plain-word definition
The facts
What is Contingency reserve?
Money set aside inside the budget for risks you have named.
Where is Contingency reserve taught?
Contingency reserve is defined in Project Management and Agile: Run Projects That Ship.
Which lessons cover Contingency reserve?
These lessons name it in their title or objectives:
- Project Management and Agile: Run Projects That Ship, lesson 4.1: Estimate Costs and Set the Budget Baseline
Which terms are related to Contingency reserve?
Next to Contingency reserve in the course glossaries: Three-point estimate, Management reserve, Float, Risk, Critical path, Expected monetary value (EMV), Dependency and Earned value.
Three-point estimateManagement reserveFloatRiskCritical pathExpected monetary value (EMV)DependencyEarned value
The hard questions, answered straight
Bold questions people really ask. Each answer comes from the course data or a settled Academy fact.
Do I need experience before I learn Contingency reserve?
It depends on the course. Each course that teaches it lists its own prerequisites, and all are listed at beginner level:
- Project Management and Agile: Run Projects That Ship: None. You do not need any project management experience.