Plan and manage finance: budgets, reserves and earned value

3 quick checks≈5% of the testStretch

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By the end you’ll be able to

Analyse project financial needs and build cost estimates, the budget and the cost baseline, including funding-limit reconciliation
Quantify risk and contingency allocations, and distinguish contingency reserves (inside the cost baseline) from management reserves (in the budget, outside the baseline, released through governance)

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Anticipate future finance challenges with forecasts and work with the governance process on variances beyond thresholds

Track finance in adaptive projects (burn rate, cost per iteration or story point, rolling-wave and incremental funding)

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