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(EVM-1649) Cost and Schedule Reserves in a Project Baseline, an Owners and Contactor’s Perspective

Primary Author: Mr. Dan Melamed CCP EVP and Mr. Robert Loop EVP PSP

Audience Focus: Intermediate
Application Type: Application
Venue: 2014 AACE International Annual Meeting, New Orleans, LA, USA

Abstract: This article discusses the content of a project’s performance baseline and how schedule and cost reserves (e.g., contingency, management reserve, undistributed budgets, etc.) are planned, estimated, and managed from both the owner and contractors perspective consistent with RP 75R-13.