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In Executing the Project Plan, the plan should address the following:                       

  • The establishment of project Assignments that include:                       

    1.    the development of Work Authorizations (a contract) for each activity to establish the requirements and the expectations of the project team for that activity;

    2.    Control Accounts that set budgets and serve to track the cost of work performed for each activity of the project plan.  In PMPlan, cost accounts are identified as work packages.                

  • A process for the measurement of the Status of the cost and schedule of the work performed of each activity should include: 

    1.    a Methodology for determining the Value Earned of the work performed against cost and schedule;

    2.    Graphical displays and reports of work Performance against the project's cost and schedule.                        

  • The ability to re-baseline the project plan for inevitable Revisions to the plan, should address:

    1.   the client authorized revisions to the Work Breakdown Structure of the project plan;

    2.   the client authorized re-Scheduling of critical activities and milestones in the project plan;

    3.   the re-allocation of resources based on client authorized revisions to the Budget.                       

 

 
 
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©2003/2011 - All rights reserved.