What process involves identifying and adding extra time or resources for contingency or management reserves?

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The process of identifying and adding extra time or resources for contingency or management reserves is often referred to as resource analysis. This process involves evaluating project needs and potential risks to determine where additional resources or time may be necessary to ensure successful project completion. By assessing factors such as project scope, timeline, and potential obstacles, project managers can strategically allocate extra resources or time as a safeguard against unforeseen challenges.

While resource loading, resource leveling, and resource allocation each focus on different aspects of resource management, they do not specifically emphasize the addition of contingency or management reserves. Resource loading pertains to the assignment of resources to tasks and the potential over-allocation of those resources, resource leveling aims to balance resource allocation across tasks to avoid bottlenecks, and resource allocation deals with distributing available resources to various project activities. None of these processes prioritize the proactive identification and incorporation of reserves in the same way resource analysis does.

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