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Ravi Sekhar January 31, 2017 at 1:39 pm

Very nicely written. I do have a question though. Let us say I am a commercial manager and the project scope that I have been instructed to complete via a contractor is $100k. Based on my contract negotiation skills I was able to get a contract awarded for $75k leaving me an additional $25k in “unallocated costs”. Is this $25k part of the PMB. Please understand that this is neither MR nor UB. This is just the difference between project budget and contract award.

Appreciate your inputs.

Cheers!
Ravi

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