Web3. Which of the following is true of a control account work package? a. It is work that has not yet had an earned value measures of progress defined b. It contains the work for far term efforts c. It is preferably shorter-term to provide a more accurate measure of work d. It is a holding account for budget for future work c. WebWork packages are a key component to the work breakdown structure (WBS), which the project management bible, PMI's PMBOK, describes as "a deliverable-oriented hierarchical decomposition of the work to be executed by the project team to accomplish the project objectives and create the required deliverables."
WBS in Project Management: A Complete Guide
WebWe can - 👍Implement procedures for your staff 👍Keep your transactions up to date & produce useful reports 👍 Set up a new accounting package if … WebMay 25, 2024 · 1. Control Account, Work Package, Planning Package Before going any forward on the clarification on the above-mentioned definitions, we need to understand the WBS, work break down. “A … horticulture innovation australia abn
Control Accounts and Work Packages - Deltek
A control account is associated with a particular structural module in the Organizational Breakdown Structure (OBS). Control accounts are usually positioned at selected levels in work packages. There may be many control accounts associated with every work package, though, a control account is linked … See more Planning Package offers a valuable means of categorization for the project managers to efficiently collect important elements of the project. The concept refers to the project specific work breakdown structure that exists on the … See more WebApr 3, 2024 · Plan and maintain control accounts, work packages and planning packages ensuring vertical and horizontal schedule traceability. Review expenditures for accuracy and proper charging and take corrective action when required. Assess control account EAC’s monthly and quantify risks and opportunities in accordance with the program risk … WebWork Packages (WP) contain a discrete segment of work below the Control Account level that is defined by – a description or brief work statement – starting and ending dates – completion milestone – work-in-process measure – time-phased budget expressed in direct labor (hours and/or dollars), material, other direct costs and subcontract dollars It … horticulture innovation fund