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Project Management & Agile · Advanced

Project Funding Requirements

Total and periodic funding needs derived from the cost baseline, often in incremental, non-continuous amounts.

Definition

Funding usually occurs in steps, which appear as a staircase compared with the smooth cost baseline S-curve. Total funding includes the cost baseline plus management reserve.

Example

Funding is released at the start of each quarter in fixed tranches.

Exam tip

Funding is a step function; expenditure is continuous.

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