Management reserve
Project Management Professional glossary · Project Management Professional
Definition
An amount of the project budget withheld for management control purposes, reserved for unforeseen work within project scope. Outside the cost baseline; requires approval to access.
Management reserve in plain English
Picture a road trip budget: you planned 1,000 (BAC), you've spent 600 so far, and based on how fast you're burning cash you project the whole trip will cost $1,200 (EAC). The gap between the plan and that projection is the kind of story Management reserve is trying to tell — not a random accounting label, a forecast of whether you'll finish over or under. Hold onto this precise job description: An amount of the project budget withheld for management control purposes, reserved for unforeseen work within project scope. Outside the cost baseline; requires approval to access. On a stem, name whether Management reserve is about timing, ownership, measurement, or delivery style — then eliminate the answer that borrows a cousin concept from the wrong phase.
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