^ [[Appendix G - Glossary - PM2]] # Tolerance Tolerance describes the allowable deviation above or below a target for time, cost or other project variable such as quality, scope and risk. If the deviation goes above or below the agreed threshold the current management level escalates the issue to a higher level. Without tolerance, every issue would be escalated immediately and the Project Steering Committee (PSC) would end up running the project. Spanish Guide: [[Tolerancia]]