Buffer

This term is defined in the 3rd and the 4th edition of the PMBOK.

Reserve
Reserve is one of the most essential elements of the project management life cycle in the sense that it provides the project management team and the project management team leader with the ability to help minimize risks. Specifically speaking, the reserve typically appears as a provision of clause in the currently drawn project management plan [...]
Reserve Analysis
In terms of the project management scope of work and work flow, the concept of reserve analysis actually refers to a specific technique that is often implemented by the project management team and/or the project management team leader or leaders for the purposes of helping to better maintain and manage the projects that they may [...]
Contingency Allowance
See reserve. This term is defined in the 3rd and the 4th edition of the PMBOK.
Contingency
See reserve This term is defined in the 3rd and the 4th edition of the PMBOK.
Contingency Reserve
The term contingency reserve refers primarily to the amount of quantity of funds or other financial resources that is required to beallocated at and above the previously designated estimate amount to reduce the risk of overruns to an acceptable level for thefinancially responsible organization. However, contingency reserve need not refer exclusively to monetary terms. It [...]