Management reserve

From PEaM

DAU	Management reserve (MR) is an amount of the Total Allocated Budget (TAB) withheld for management control purposes rather than designated for the accomplishment of a specific task or set of tasks. It is not a part of the Performance Measurement Baseline (PMB).[1]

AACEI	Management reserve is an amount added to an estimate to allow for discretionary management purposes outside of the defined scope of the project, as otherwise estimated. Use of management reserve requires a change to the project scope and the cost baseline, while the use of contingency reserve funds is within the project’s approved budget and schedule baseline.[2]

References

1. ↑ Defense Acquisition University (2005). Defense Acquisition Acronyms and Terms Glossary, 12th, Defense Acquisition University.
2. ↑ Association for the Advancement of Cost Engineering International [AACEI] (2007). Cost Engineering Terminology, 10S-90, Association for the Advancement of Cost Engineering International.

This article contains text from the Defense Acquisition University website which, as a US government publication, is in the public domain.

This article contains text from the Association for the Advancement of Cost Engineering website which is copyright all rights reserved by Association for the Advancement of Cost Engineering International (AACEI).