you are the best of PMP instructor in KZitem, I really learned a lot from your videos...
@Praizion
4 жыл бұрын
🙏🙏🙏🙏 ty ty
@matthewstroh2
5 ай бұрын
Very helpful. Thanks, Phil. 👍
@Praizion
2 ай бұрын
Glad it was helpful!
@gaganjotkaur8601
2 жыл бұрын
Thank you so much Sir for this video. This video is very is very nice and well explained. I got clear about the difference between code of accounts and control accounts as well as work packages.
@Praizion
2 жыл бұрын
You are most welcome. Thanks!
@rohitdeshpande7031
3 жыл бұрын
Wow! Awesome explanation!! Thaks :)
@Praizion
3 жыл бұрын
You're welcome Rohit!
@timmundorff2354
11 ай бұрын
This will help me: When one says "control account" is "account" a noun or a verb? Simply put ,when used in a sentence ,is it "The control account is scheduled for Tuesday" or "We have the control account ready to be presented." Or, in other words, is the account an event as in "an accounting for?"
@Praizion
11 ай бұрын
It is a noun. A control account is a thing. Control and Account are a composite noun in this case. Like Bank Account.
@timmundorff2354
10 ай бұрын
@@Praizion Thanks so much!
@realestatebyalokbhatia2067
5 жыл бұрын
Wonderful. Thank you for explaining...
@algothus
5 жыл бұрын
Thanks for share your knwoledge... Great video
@Praizion
5 жыл бұрын
Thank you Arnoldo!
@nortonico
2 жыл бұрын
That was very helpful thx man
@Praizion
2 жыл бұрын
You are welcome Nourist!
@hhc1000
4 жыл бұрын
Phil, similarly you'd use the control account to create a schedule for the work packages contained within? So you'd have one critical path per control account rather than a CP at the project level?
@hhc1000
5 жыл бұрын
Great video Phill
@Praizion
5 жыл бұрын
Thanks Howard!
@KrishnaMohan-in3yt
3 жыл бұрын
Thanks, wonderful explanation. Does the control account element tie up to a cost center or is it the cost center in simple terms?
@Praizion
3 жыл бұрын
Yes Krishna! In many organizations it does. Cheers!
@valderesrodriguessantos8628
5 жыл бұрын
That´s a very nice video!
@Praizion
5 жыл бұрын
Thank you!
@adriankasa4339
5 жыл бұрын
Good one
@sheikabdulkaleem6487
4 жыл бұрын
Thank you
@Praizion
3 жыл бұрын
You're welcome
@TharakeshKrishnan
4 жыл бұрын
@ 4.52 the tasks are actually activities right?
@Praizion
3 жыл бұрын
Correct! They are interchangeable.
@rizwanahmedmb210
5 жыл бұрын
What is chart of code and difference between planning package vs work package?
@theresaandrade8261
4 жыл бұрын
A planning package is usually used in instances where we have scope, have budget for that scope, but due to various reasons the work has not been broken out into discrete tasks. This is common in agile programs where the scope is evolving while the work is being concurrently completed. For a simple example: You are awarded a $100k contract to develop, install, and test a new software application. You know tasks ahead of you for development and installment but you are not sure of the testing process yet, because you have not developed it. You have budget and schedule associated with the testing scope but don't have the discrete tasks definitive yet. As the project progresses, you will begin to add tasks to these planning packages and thus converting them to work packages. I hope this helps.
@TharakeshKrishnan
4 жыл бұрын
Planning packages allow the project team to position planning activities below the control account but still above the work packages. A planning package is the planning time and activities to determine what should exist within the control account. You could say that the planning package is a visual marker of planning that’s yet to come. This acknowledges the need for future planning while not delaying immediate work on the project.
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