Control account
Control accounts (CAs) are management control points at which budgets and actual costs are compared to earned value. Control accounts will be located at key management points in the work breakdown structure.
Earned Value Management Handbook, Published by the Association for Project Management in March 2013 suggests that a control account:
‘…will normally comprise a number of WPs (work packages), although in some cases a control account may be a single work package. Each work package should have the following attributes:
- a defined scope of work;
- information on measure of achievement;
- traceability up through the WBS;
- a budget;
- details of assignment of responsibility;
- start and finish dates.’
[edit] Related articles on Designing Buildings Wiki
Featured articles
Check out some of the best features and news from Designing Buildings as well as key stories from around the web.
Households living near new pylons to save on bills.
ECA warns growth must not outpace grid capacity or skills.
The role of the client and decision making
CIOB response to built environment professions call for evidence.
Construction's sustainability reporting revolution
Tracking upfront embodied carbon with digital tools.
ECA welcomes procurement reforms
Public spending must back British jobs and skills.
Campaigning for Edinburgh: the Cockburn Association 1875-2049
The role of the civic voice in protecting character. Book review.
CIOB photography competition is open for entries.
ECA Edmundson apprentice of the year award
Finalists announced.
Major new study exposes serious knowledge gaps.
Generating energy from internal light as well as sunshine.
ECA welcomes plans to strengthen subcontractor quality control.
Combining mid-career qualifications with experience broadens career opportunities.