See reserve. This term is defined in the 3rd and the 4th edition of the PMBOK. Get free Project Management updates! Related Articles: Reserve Reserve is one of the most essential elements of the project management life cycle in the sense that it provides... Contingency See reserve This term is defined in the 3rd and the 4th edition of the PMBOK. Get free Project Management... Contingency Reserve The term contingency reserve refers primarily to the amount of quantity of funds or other financial resources that is required... Grade The term “grade” represents a level or ranking system which can be used to differentiate between items that serve the... Authority Authority is a noun that can be defined generally in a number of unique, yet related, ways. First, it can...
