EV Techniques, PMB v. MR, Distributed Budget, Accounting, IEAC
Write a minimum of a 2-page discussion board post addressing the following: 1. Define work packages and planning packages 2. Explain the most commonly used earned value techniques 3. What is Apportioned Effort? How may it be preferable over LOE? 4. In the Contract Budget Base, what is the difference between the Performance Measurement Baseline (PMB) and Management Reserve (MR)? 5. In the PMB what is the difference between Distributed Budget and Undistributed Budget? 6. Explain the criticality of interface with the Accounting department, and how different elements (e.g., indirect pools, accounting calendar, etc.) of accounting impact the accuracy of ACWP 7. How can estimated ACWP (accruals) impact the accuracy and timeliness of ACWP in the correct reporting period? 8. ETC + ACWP = EAC. Why might this method of calculating the EAC be beneficial, compared to EAC calculations that utilize prior cost performance (like the CPI)? 9. Explain why and how IEAC is used. Please use the question first and put the answers below the questions on the paper.