The PMB includes contingency reserve, but excludes management reserve.

1 Budgetary balance before set-aside for contingencies.

The PMBOK Guide defines reserve and contingency reserve, but not management reserve.

The member knows we have set aside funds for contingencies and a contingency reserve as well as prudent forecasts.

(4) The Corporation shall maintain a contingency reserve fund as prescribed.

To transfer the municipality’s surplus funds from 2011 to the contingencies reserve fund;

(4) The Corporation shall maintain a contingency reserve fund as prescribed.

It reduced its reserve from $3 billion to $1 billion.

When developing a budget, reserve analysis takes into consideration both contingency reserve and management reserve.

Dealing with increased costs may include drawing funds from either the contingency reserve or the management reserve.

New contingency reserve funds must be established in the expenditure law.

The following requirements apply to the contingency reserve fund mentioned in subsection 66 (4) of the Act:

Often used with a modifier (e.g., management reserve, contingency reserve) to provide further detail on what types of risk are meant to mitigated.

LAO also must provide the Attorney General with quarterly financial reports on its contingency reserve fund.

Often used with a modifier (e.g., management reserve, contingency reserve) to provide further detail on what types of risk are meant to be mitigated.