ii coursehero.com Article: Contingency Reserve versus management reserve" Watch the video " What is contingency reserve in a cost estimate? or read the what is contingency reserve in a cost estimate transcript. QA. Calculating the contingency reserve is critical to project management planning, as it provides you with a cushion against identified risks. The project manager typically has full authority to use the contingency reserve whenever an identified risk occurs. QB. As illustrated in the article, the sum of the expected money values (EMVS) for all the identified risks is the contingency reserve, which in turn is added to the project budget to cover the risks that actually occur. Download and complete the table in Risk Table Template (Word) for the scenario in the Tasty Pebbles, Inc-Contingency and Management Reserves infographic, or read the Tasty Pebbles, Inc-Contingency and management reserves long description. please add references to the