Planning Package = A work breakdown structure component below the
control account with known work content but without detailed schedule
activities. A planning package is created to
describe or “hold” work that will be completed in the future. It is
larger and more general than a work package in terms of time, scope, and
budget. Although it lacks the detail of a work package, a planning
package is still associated with specific project work scope. A planning
package includes work that will be completed; it just hasn’t been
scheduled or put on anyone’s plate yet. In sum, a planning
package stores future work until the work can be broken down into
specific tasks and assigned to actual resources, when it becomes part of
the Work Breakdown Structure (WBS) in the form of work breakdown
packages.
Control Account = A management control point where scope, budget (resource plans), actual cost, and schedule are integrated and compared to earned value for performance measurement).
A management control point where the integration of scope, budget, actual cost and schedule takes place, and where the measurement of performance will occur. Each control account is associated with a specific single organizational component in the organizational breakdown structure.
Work Package = A deliverable or project work component at the lowest level of each branch of the work breakdown structure.
Let's say you have a plot of land and you want to build a house on it.
Product : The house.
Product Scope : The house should have 3 storeys, 1000 sq.m. of built-up area, 4 bedrooms with attached baths, 2 living rooms, a kitchen, a basement and a garage. The exteriors should be white.
Project Scope : Hiring a building contractor, an architect and an interior designer, acquiring legal permits, estimating the cost, taking bank loan, planning for risks such as rain and storms, designing the house, buying construction material, constructing the house, doing the interiors, buying furniture, conducting inspections, conducting regular site visits to track the progress and resolving disputes, making payments and compensations, closing contracts, and moving in.
Requirements : In addition to the Product Scope there could be other requirements for the house. Using a particular grade of cement could be your quality requirement. Making the house earth-quake proof could be a performance requirement. Getting a weekly progress update from your contractor, and making monthly payments could be your project management requirements.
Planning packages are created to describe work within a control account that will occur in
the future. Planning packages must have a work scope, schedule, and time-phased budget.
Control Account = A management control point where scope, budget (resource plans), actual cost, and schedule are integrated and compared to earned value for performance measurement).
A management control point where the integration of scope, budget, actual cost and schedule takes place, and where the measurement of performance will occur. Each control account is associated with a specific single organizational component in the organizational breakdown structure.
Work Package = A deliverable or project work component at the lowest level of each branch of the work breakdown structure.
Let's say you have a plot of land and you want to build a house on it.
Product : The house.
Product Scope : The house should have 3 storeys, 1000 sq.m. of built-up area, 4 bedrooms with attached baths, 2 living rooms, a kitchen, a basement and a garage. The exteriors should be white.
Project Scope : Hiring a building contractor, an architect and an interior designer, acquiring legal permits, estimating the cost, taking bank loan, planning for risks such as rain and storms, designing the house, buying construction material, constructing the house, doing the interiors, buying furniture, conducting inspections, conducting regular site visits to track the progress and resolving disputes, making payments and compensations, closing contracts, and moving in.
Requirements : In addition to the Product Scope there could be other requirements for the house. Using a particular grade of cement could be your quality requirement. Making the house earth-quake proof could be a performance requirement. Getting a weekly progress update from your contractor, and making monthly payments could be your project management requirements.
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