Two Funds, Two Authorities
Contingency and management reserve admit different events under different authorities. One undifferentiated pot merges a delivery decision with a governance one.
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Contingency and management reserve admit different events under different authorities. One undifferentiated pot merges a delivery decision with a governance one.
Cost-coded control systems see only work that carries a code. Deciding carries none, so governance delay is charged to delivery and priced nowhere in the enterprise.
Key-person concentration is a valuation question, not a continuity policy. It has a price today, while everyone is still here, and buyers find it in days.
Your delegation schedule sets what people may approve. It says nothing about what they may cause you to owe, and only one of those two systems is yours to write.