What is buffering in risk management, Project Management

What is Buffering in risk management?


Buffering or slack is the allowance of additional cost, resources or time for example ‘just in case’ specific events or risks do arise. Slack makes a provision for uncertainty into project environments. Some risks categorised for a project to introduce a modern computerised system.

Posted Date: 8/31/2013 6:50:06 AM | Location : United States

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