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Project Management

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Control Account

Control Account
A management control point where scope, budget, actual cost, and schedule are integrated and compared to earned value for performance measurement.
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Corrective Action

Corrective Action
An intentional activity that realigns the performance of the project work with the project management plan.
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Cost Management Plan

Cost Management Plan
A component of a project or program management plan that describes how costs will be planned, structured, and controlled.
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Cost Performance Index (CPI)

Cost Performance Index (CPI)
A measure of the cost efficiency of budgeted resources expressed as the ratio of earned value to actual cost.
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