What is buffering in risk management, Project Management

What is Buffering in risk management?

Buffering:

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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