A Reserve Analysis is a technique for:
A.
Estimate Activity Durations
B.
Estimate Activity Resources
C.
Sequence Activities
D.
Define Activities
Explanation:
Reserve Analysis is one of the techniques used to determine a project budget. During Reserve Analysis, a project is analyzed from a cost overruns point of view and buffers are placed in appropriate place. These buffers are called Contingency and Management Reserves.
It is also referred to as a contingency reserve or buffer. The concept is quite simplewe know to expect the unexpected, so we plan for it. Applicable to both time and cost, it is the technique of adding some extra time to complete activities and extra funds to the budget.